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Greece

Greek Bond Yields Rise Amid International Tensions

International market strife over U.S. sanctions on Russia and Turkey has had a knock-on effect with Greek bond yields breaking the four-percent mark on Thursday. The bad news comes as Greece prepares to officially exit from its bailout program on...

Greek Bond Yields Hit 12-Year-Low

Greece’s 10-year borrowing costs hit their lowest in 12 years on Friday, benefiting from expectations of an exit from its bailout this year, underpinned by risk appetite and a tentative economic recovery. Having been among the best performing government bond...

Short-dated Greek Bond Yields Rise after Failure to Reach Debt Relief Deal

Greece's short-dated state bond yields rose sharply on Tuesday after Greece and creditors failed to agree on closing the bailout program review and debt relief measures, Reuters says. The Greek government urgently needs the next rescue loan tranche in order...

Greek State Bond Yields See Fall

Greek state bond yields declined further on Thursday, with the yield of the 10-year benchmark bond dropping as low as 4.06 percent. The trend is seen reflecting a prevailing positive economic climate in the country. An economic restructuring and the prospect...

Greek 10-Year Bond Yields Hit Eleven-Year Low

Greek 10-year government bonds yields hit an 11-year low on Friday, as recent upbeat economic data and a deal struck with its lenders encouraged investors to snap up Greek debt. Greece and its eurozone creditors reached a preliminary agreement earlier...

Greek Government Bond Yields At Sky High Again As Political Instability Grows

Following in the footsteps of the virtual collapse of the Greek stock market and the overall political climate prevailing in the country, Greek government bond yields have shot through the roof, with 10-year bond yields moving up by 2.1%...

Greek 10-Year Bond Yields Shoot Up Amid EU Skepticism Over Bailout Exit

Greece’s government bonds declined today, pushing 10-year yields to their highest level since May. The news follows Eurozone finance ministers' purported clash with Greek leaders over their desire to sever a bailout program. The drop pushed the 10-year yield up...

Greece Raises $3.4 Billion From 10-Year Bond Issue

Greece raised 3.0 billion euros ($3.4 billion) at an interest rate of 1.8 percent from the new 10-year bond issue on Wednesday. Finance Minister Christos Staikouras said the country's first bond issue of the year was a success as it...

2019 Proves to Be the Best Year for Greek Stocks in Two Decades

Barring any unforeseen turbulence which might occur in the very last days of 2019, the Athens Stock Exchange (ATHEX) is set to celebrate its best year since the turn of the millennium. ATHEX is among the top performers among stock...

Kick-Starting Stalled Investments Will Give Much-Needed Boost to Greek Economy

Greece’s financial crisis is still affecting the hopes and dreams of the people that live in the country, as it has been in economic turmoil for most of the last decade. Greece’s GDP shrunk 26% in the span of eight...

Greek Bond Rally Continues, 10-Year Yield At Lowest Level Since 2005

Thursday brought some good news for the Greek economy as the country's government bond yields continued their downward trend, reaching the lowest levels seen in more than thirteen years. More specifically, Greece's 10-year bond yield reached 3.36 percent, which is...

Demand for Greek 10-Year Bond Exceeds 11 Billion Euros

Investors' bids on a new Greek 10-year bond issue exceeded 11.3 billion euros on Tuesday, with the interest rate of the issue set at 3.9 percent, according to sources quoted by the Athens News Agency. Earlier in the day, Greek...

Greece Launches 10-Year Bond After Moody's Upgrade

Greece officially launched procedures to issue new 10-year state bonds on Monday by appointing BNP Paribas, Citi, Credit Suisse, Goldman Sachs and J.P. Morgan as underwriters of the syndicated loan. The Public Debt Management Agency said that the bond issue...