Greek state plans three bond issues in Q2

The Greek state is eyeing three bond issues in the second quarter of 2023, in an effort to complete this year’s borrowing program, with the target being seven billion euros.

Greece’s Public Debt Management Authority (PDMA) has already issued two bonds in the first three months of 2023, raising roughly six billion euros from the markets. According to a new schedule, bond issues will be floated on April 19, May 17 and June 21.

A general election is scheduled in the country for Sunday, May 21.

The 10-year bond yield was unchanged on Friday at 4.08 percent, as no transactions took place in the Eurozone on the occasion of Catholic Easter Friday.