ATHENS – Greece on Tuesday announced the reopening of a 10-year bond issue, signaling its return to capital markets and saying that conditions in international bond markets were currently favourable, with yield spreads falling to their lowest levels since 2008.
The Public Debt Management Agency has mandated BNP Paribas, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan and Nomura to act as underwriters in a reopening of a 10-year bond issue maturing in June 18, 2031, with an annual coupon of 0.75 pct. The syndicated issue will begin shortly depending on market conditions, PDMA said in a statement.
It will be the fourth time Greece borrows from capital markets in 2021. In early May, the PDMA issued a five-year bond issue, draining 2.5 billion euros from the market at an interest rate of 0.2 pct (an all-time low). In early 2021, Greece auctioned two bond issues raising 3.5 billion euros from the market with an interest rate of 0.807 pct and a 30-year bond raising 2.5 billion euros with an interest rate of 1.95 pct.
ATHENS - The Starlink broadband service that will connect the remote areas of Greece to the Internet using a satellite - at 60 euros a month ($65.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
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