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Greek bonds

Greece Issues Bond After Successful T-bill Auction

According to sources within the government, the Finance Ministry is most likely to issue three-year bonds in order to borrow an amount between 2.5 and 3 billion euros, at an interest rate that will not be higher than 3 percent. On...

Bloomberg: Greece Planning Second Bond Sale

According to Bloomberg news agency, Greece is planning on issuing three-year bonds amounting to 2-3 billion euros at the beginning of next week, after the country exited from its “market exile.” A government official who preferred to remain anonymous, spoke...

Peripheral Βonds Yields Up On Greek Tax and Political Fears

Prices of lower-rated eurozone bonds fell on Friday, deepening sharp falls on Thursday caused, Reuters said, by nervousness about the stability of the Greek government, a tax on foreign holders of Greek bonds and weak growth.  "The rally in peripheral government...

Thessaloniki 'Victim of Economic Crisis' Commits Suicide

A 57-year-old man in Thessaloniki chose the date of his birth to take his own life after falling into depression when the bond haircut cost him his life savings. The tragic incident occurred yesterday afternoon, when his wife spotted him hanging from a tree near the...

FT: 'Peripheral Bond Rally Reaching Bubble Proportions'

A recent article in London's Financial Times refers to the recent Greek bond auction, cautioning that investors have not learned the lessons of the financial crisis but instead "swung from blind panic to short-sighted complacency within less than two years". Philippe Legrain's article...

Samaras: 'Markets Sealed Their Confidence in Greece'

After being able to successfully sell Greece’s first bond on Thursday -- as the country was locked out from international markets since the beginning of the Greek financial crisis four years ago -- Greek Prime Minister Antonis Samaras addressed...

Greece T-bills Raise €1.3 Billion Amid Bond Rumors

On Tuesday, Greece managed to raise €1.3 billion with a sale of six-month treasury bills, while looking set to return soon to borrowing for longer periods after issuing its first sovereign bond since 2010. “Total bids reached €3.103 billion and...

Greece ’s Bonds Beat Peers on Route Back to Market

Greek and Portuguese government bonds beat their euro-region peers this quarter as the countries made progress toward returning to international credit markets. The Hellenic Republic’s bonds returned 23 percent, the best performance among 34 sovereign debt markets tracked by Bloomberg...

Greek Bond Spread Reaches 500 Points

For the first time since the end of 2009 the spread of Greek bonds, especially decade-bonds ending in 2023 reached 500 points. This means that their yield is 6.6%. The purchase of Greek bonds by foreigners has been moving at...

Plans on Greece's Return to Markets

While talking to the Financial Times, the head of the Greek Public Debt Management Agency (ODDH) presented his arguments in favor of Greece returning to international capital markets, stating that this action will strengthen the confidence of markets and will...