Greece Returns To International Bond Markets After 3-year Hiatus
Greece has returned to international bond markets following a three-year hiatus, with a five-year bond sale starting Tuesday. The country is seeking to swap a five-year bond coming due in 2019 for the new one that will mature in 2022, with the deal expected to close Tuesday, a Wall Street Journal report said. Reports last week indicated that Greece was about to sell bonds for the first time in three years.
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