Greece starts taking bond orders in return from market exile

LONDON: Greece has fired the starting gun on its first issue of new bonds since 2014, testing whether investors will back its recovery from a debt crisis that forced it to seek multiple international bailouts.

The sub-investment grade rated country is seeking to sell five-year debt yielding about 4.75%, according to a person familiar with the transaction who is not authorised to speak publicly and asked not to be named.