Calamos Supports Greece

bond

Greece Announces Return to Capital Markets

On Tuesday, Greece announced its return to international capital markets and mandated six banks to run a reissue process for a 7-year bond maturing in April 2027. The 7-year bond issue carries a coupon of 2 percent and yields 2.013...

Piraeus Bank Successfully Completes 500-Million-Euro Bond Issue

Piraeus Bank officially announced the successful issue of a 500-million-euro Tier 2 bond with institutional investors at a coupon of 5.50 percent on Thursday. The bond, which has a maturity of 10 years and an embedded issuer call option after...

Greece Expected to Tap Financial Markets With New 10-Year Bond

Greece will very soon seek to pump additional money from global markets in an effort to capitalize gains made on the historically-low interest rates that the country has been enjoying over the last several months. Greek authorities have requested the major...

Greece To Launch New 7-Year Bond, Says Public Debt Management Organization

Greece's Public Debt Management Organization issued an announcement on Monday notifying the Athens Stock Exchange that the country will soon be ready to launch a new seven-year bond. For this reason, the new leadership of the Finance ministry has already...

Piraeus Bank Issues First Bond Since 2008, Raising 400 Million Euros

Piraeus Bank, Greece's largest lender, secured a major capital boost on Wednesday, raising 400 million euros through the issuance of a bond. The interest rate amounted to 9.75 percent and the offers book, overseen by Goldman Sachs International and UBS,...

Greece Raises 2.5 Billion Euros From Bond Auction

File photo Greece launched a 5-year bond auction on Tuesday, with the financial products having a yield of 3.6 percent. The sale successfully raised a total of 2.5 billion euros ($2.87 billion) for the Greek treasury. It was the first time...

Greece Plans Return to Markets With Five-Year Bond

Greece's debt agency announced the country's return to the bond markets on Monday, with a five-year syndicated issue of the financial product. The bond issue will be launched “in the near future, subject to market conditions”, authorities said in a...

Greece Returns to Markets with 7-Year Bond

Greece on Thursday returned to international capital markets with a seven-year syndicated bond through the launch of a book-building procedure. It is one of three state bond issues scheduled by the Greek government until completion of the current bailout program...

Greece 'Postpones' Launch of 7-Year Bond

Greece's finance ministry has decided to postpone the issuing of the seven-year bond scheduled for Tuesday due to the turbulence in international money markets. Reports suggest that the ministry was advised to delay its move to avoid unnecessary risks as...

Tsipras Outlines His Version of a Greek 'Success Story' in TV Interview

Prime Minister Alexis Tsipras had an optimistic message to Greeks saying that the worst is over and that the end of program in 2018 will signify a new era for the country. In a live interview with Alpha TV, Tsipras...