The Eurozone is saying goodbye to the environment of very low interest rates with Greece making its debut in the markets with a higher interest rate, but recording strong demand. The offers for the new ten-year bond exceeded 15 billion euros and the Greek government raised 3 billion euros with the yield reaching 1.8%, from the low 0.88% of last June. According to Public Debt Management Agency (P.D.M.A.), the composition of investors was 84.5% from abroad, 15.5% from Greece and 87.2% institutional.
- Published in Economy