The Greek government enters the markets by reissuing the 10-year bond.
As announced by the Public Debt Management Agency, the Greek government has instructed Alpha Bank, Barclays, Citi, Commerzbank, Nomura and Societe Generale to reissue the 10-year bond due 16th June 2036.
The issue will be targeted at international investors and will be carried out through a syndicated process, and is expected to be launched 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.
