Greece successfully re-opens 10-year bond issue; yield at 4.01%

Greece on Wednesday successfully re-opened a 10-year bond, the first after a series of credit rating upgrades this month.

The yield of the 10-year bond reached 4.01 percent, while submitted bids exceeded one billion euros, over-subscribing the issue five-fold. The yield in the previous such auction of 10-year bonds was reached 3.97 percent last May.