Greece issues new 10-year bond


  • World
  • Thursday, 28 Jan 2021

ATHENS, Jan. 27 (Xinhua) -- Greece issued a new ten-year bond on Wednesday and raised 3.5 billion euros (4.24 billion U.S. dollars) with a record-low interest rate thanks to strong market demand, according to Finance Minister Christos Staikouras.

In Greece's first market foray in 2021, the country chose to issue a benchmark paper that will mature on June 18, 2031. It secured an interest rate of just under 0.8 percent, Staikouras stated, "a historic low regarding the cost of borrowing for the Greek state, regardless of duration."

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