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Greek bonds

Greece Has Already Gained Investment Grade, Analysts Say

Greek bonds are already trading as though Greece has regained investment grade, bank analysts told Reuters on Friday. The news agency reports that investors consider Greece's return to investment-grade credit ratings "a done deal". "Investors are hopeful that the New Democracy...

Greece Raises $3 Billion by Reissuing 5-Year and 30-Year Bonds

Greek Finance Minister Christos Staikouras announced the successful reissue of Greece's 5-year and 30-year bonds. These bonds allow investors to invest in the Greek government's sovereign debt for the next 5 or 30 years, depending on which bond they...

Greece Will Receive €1 Billion of Profit Returns on Greek Bonds

Greece is expected to receive €1 billion ($1.13 billion) of profit returns on Greek bond holdings in 2019, the Managing Director of the European Stability Mechanism Klaus Regling stated on Monday. While addressing journalists after the conclusion of the Eurogroup meeting,...

German Press: Greece Will Likely Need Another 'Bailout' Due to High Debt

Due to its high public debt, it is doubtful whether Greece will make it on its own in the long run without new financial support, a report by Frankfurter Allgemeine Zeitung says. This report comes after a comment made by...

Greek Bank Shares Drag Down the Athens Stock Exchange, State Bonds Reach 4.66%

The turmoil in the Italian economy and the deterioration of Greek state bonds dragged down the Athens Stock Exchange on Monday, with the General Index showing a 2.61 percent loss to 641.79 points. Once again, Greek bank shares led the...

Crisis in Turkey Starts to Affect Greek Economy

The Greek economy has started feeling the impact of the crisis in neighboring Turkey, as the Athens Stock Exchange showed a 3 percent plunge on Monday while Greek bond yields moved in the opposite direction. As Greece is getting ready...

Greek State Bond Yields See Fall

Greek state bond yields declined further on Thursday, with the yield of the 10-year benchmark bond dropping as low as 4.06 percent. The trend is seen reflecting a prevailing positive economic climate in the country. An economic restructuring and the prospect...

Eight Years of Greek Crisis Cost €600B

As we are approaching the eight-year-mark since the first bailout program was imposed on debt-ridden Greece, a look at the heavy losses Greek households have suffered through the crisis shows staggering findings. The crippling eight-year recession has so far caused...

Greek 10-Year Bond Yields Hit Eleven-Year Low

Greek 10-year government bonds yields hit an 11-year low on Friday, as recent upbeat economic data and a deal struck with its lenders encouraged investors to snap up Greek debt. Greece and its eurozone creditors reached a preliminary agreement earlier...

Piraeus Bank: Investors Rapidly Changed Stance Towards Greek Assets

Recent very positive developments in the Greek state bond market, signalled by a successful completion of a bond swap programme, combined with a fall in new bond yields and an increase in turnover, are indicative of the speed with...