Monday, January 29, 2018

Greece to tap markets for 7-year debt

by Kerin Hope

Financial Times

January 29, 2018

Greece is to bring a seven-year bond to market in the next two weeks, in what would be its first debt-raising since its return to the capital markets last summer.

Greece aims to raise up to €3bn in seven-year paper, to be followed by a three-year bond and a 10-year bond in the coming months, according to a source familiar with the situation.

It had originally planned to come to the market earlier this month, but was delayed because the government still has to complete some final reforms before the EU signs off on its review of Greece’s third bailout, the source said.


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