Greece Could Issue Bonds Soon

Greece could opt to sell 1.5 to 2 billion euros of five-year bonds in a test issue in the first half of the year to end its four-year exclusion from bond markets, a senior Greek finance ministry official told Reuters on Wednesday.

The government had initially planned to return to markets in the second half of the year but has been encouraged by falling bond yields to consider a quicker return. However, no final decision has been made on the issue, the official said.

“We may go out to the markets in the first half but no such decision has been taken yet,” the official said. “It would be a small issue of about 1.5-2 billion euros, most likely a 5-year bond.”

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza