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GREEK NEWS

Greece Raises $3.4 Billion From 10-Year Bond Issue

Bond sale GreeceThere is tight demand for the new 10-year bond issued by Greece. Credit: Greek Reporter

Greece raised 3.0 billion euros ($3.4 billion) at an interest rate of 1.8 percent from the new 10-year bond issue on Wednesday.

Finance Minister Christos Staikouras said the country’s first bond issue of the year was a success as it attracted “high demand and a high quality of investors.”

He said the big increase in yield compared to June 2021 is attributed to the international rise in government borrowing expenses.

Grecian Delight supports Greece

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