HomeNewsWorldGreece issues first 5-year bond since bailout exit: Ministry source

Greece issues first 5-year bond since bailout exit: Ministry source

In its last bond issue in February 2018, Greece raised 3.0 billion euros at 3.5 percent via a 7-year bond.

January 28, 2019 / 20:53 IST
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Greece on January 28 issued a five-year bond, a finance ministry source said, its first such debt issue since exiting its last bailout. The ministry source confirmed the issue to AFP without specifying the amount sought, which according to reports is between two and 2.5 billion euros ($2.9 billion).

In its last bond issue in February 2018, Greece raised 3.0 billion euros at 3.5 percent via a 7-year bond.

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Offers at the time stood at around 6.5 billion euros.

The previous five-year bond sale, in July 2017, raised 3.0 billion euros at 4.625 percent.