A finance ministry decision to propose a bond swap deal to bondholders – holders of Greek state debt resulting from a PSI arrangement – is creating more space for Greek bond purchases by the European Central Bank.
The Public Debt Management Authority on Monday called on bondholders of state securities maturing in 2023, 2024 and 2025 to agree to a swap with new bonds maturing in 2027, 2033, 2037 and 2042.
The swap deal covers state bonds of a nominal value of around four billion euros. The deal will allow the ECB to buy more Greek bonds in the framework of its PEPP program. The eurozone’s central bank has already purchased Greek state bonds of a nominal value of 30 billion euros so far.
On the domestic electronic secondary bond market, the 10-year Greek bond yield was 1.32 percent, with the spread against the 10-year German Bund at 1.71 percent. The German Bund yielded -0.39 percent. Turnover was 154 million euros, of which 54 million were buy orders
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
