Greece has passed five months after the end of the international aid programs for the first time, the placement of a bond in the way. It is a five-year government bond, which is due to run until April 2024. The target was about two to three billion euros, reported the state television ERT, citing the debt Agency of the Ministry of Finance.
An exact date for the bonds-issuance has not been called, but still take place this week. It is expected with a yield of about 3.5 to 3.75 percent. The auction order will have taken over the money institutions Bank of America Merrill Lynch, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley and Société Générale.
EU monetary Affairs Commissioner Valdis Dombrovskis welcomed the upcoming Test-market gear. The country had a capital cushion and can now record level of loans, said Dombrovskis, the semi-official Greek news Agency ANA-MPA. Greece had left the rescue with reserves of more than 30 billion euros can Finance therefore, if necessary, for the time being, even without new bonds.
Already in 2014, Greece had placed a bond with five years to maturity for an interest rate of 4.75 percent. Then, the auxiliary program of the international donor delivery.