Spread for Greek 10-year bond continues to ease
Before a highly-anticipated new evaluation of the country’s creditworthiness by Fitch Ratings
Before a highly-anticipated new evaluation of the country’s creditworthiness by Fitch Ratings
Greece’s Public Debt Management Authority (PDMA) said bids totaled roughly 1.7 billion euros
This will be the first bond auction to be held in a framework of a three-month auction program announced recently by the Public Debt Management Authority
The Greek state is eyeing three bond issues in the second quarter of 2023
500 million euros raised
Over 3 times the oversupply of the offer
It marks a high of 22 months in the 10-year bond for Greece
The Public Debt Management Agency (P.D.M.A.) has instructed the six contracting banks - Barclays, Commerzbank, Eurobank, Morgan Stanley, Nomura and Societe Generale - to run the issue, with the bid book expected to open, tomorrow
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