Greece concludes bond issue, coupon at 4.75 pct
Greece on Thursday announced it has agreed to sell a 5-year bond in a principal amount of 3 billion euros with an annual coupon of 4.75 percent.
The transaction is expected to be settled next week, the Finance Ministry said in a statement according to ANA-MPA
“Demand for the bonds was very strong. The participation of long-term investors outside Greece is expected to approach 90 percent,” the statement said.
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