Greece to Issue 7-Year Bond ‘in Next Few Days’

The Greek Finance Ministry has decided to issue a seven-year bond, aiming to raise €3 billion ($3.7 billion), in the next few days, possibly this week, reports the Athens-Macedonian News Agency (AMNA).

It is the third attempt towards Greece’s full return to the markets after the exit from the bailout in August.

Two more bonds, a three-year bond and a ten-year bond, are expected to be issued by August, according to sources.

This new attempt is expected to be successful as the situation in the secondary bond market has improved spectacularly after the bond swap and the agreement to conclude the third program review.

Source: ANMA