Greek 5-year bond issue attracts more than 20 billion euros in bids

File photo: The interest rate of the issue to around 0.20 pct from an early 0.28 pct. APE-MPE




International capital markets are offering a new vote of confidence in the Greek economy with bids submitted during Wednesday’s book-building process for a five-year syndicated bond issue exceeding 20 billion euros, sources said.

The same sources said that the initial guidance for the yield of the five-year bond was 0.28 pct, but fell to 0.20 pct, with the spread set at mid swaps+47 basis points.

Source: ANA – MPA

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