The yield of new Greek five-year syndicated bond issue set at 3.6 pct




The yield on Greece’s new five-year syndicated bond issue was set at 3.6 pct as the bookbuilding process closed on Tuesday afternoon, according to sources.

The Greek state will raise 2.5 billion euros.

The bond’s annual fixed coupon was set at 3.4 pct while the issue was four times oversubscribed, with total bids exceeding 10 billion euros.

Source: ANA-MPA

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