In the market with a reissue of the 10-year bond, the Greek Government is coming out.
As announced by the Public Debt Management Agency, the Greek government has instructed banks Alpha Bank, Barclays, Citi, Commerzbank, Nomura and Societe Generale to proceed with the reissue of the 10-year bond due 16 June 2036.
The issue will be targeted at international investors and will be carried out through a syndicated process, with its launch expected in the near future, depending on market conditions.
Greece currently has an investment grade rating from all major rating agencies, with ratings of Baa3 from Moody’s and BBB from S&P, Fitch and DBRS.