Greece to tap markets with reissue of 15-year and 30-year bonds
ΧΡΟΝΟΣ ΑΝΑΓΝΩΣΗΣ 1'
Πηγή Φωτογραφίας: freepik,Greece to tap markets with reissue of 15-year and 30-year bonds
Greece will again tap the markets on Thursday with the re-issuance of two bonds with durations of 15 and 30 years, respectively.
The Public Debt Management Agency (PDMA) gave a mandate to Barclays, BNP Paribas, Commerzbank, Eurobank, JP Morgan and Piraeus Bank to proceed with the re-opening of the existing bonds maturing on July 18, 2038 with a coupon of 4.375% and those maturing on June 15, 2053 with a coupon of 4.125%.
The transaction will take place in the near future, depending on market conditions, the invitation states. It noted that the pricing of the new securities will take place on Thursday, March 13, with settlement expected on March 20.
Source: pagenews.gr
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