Greece ready to issue euros as spreads widen
The Hellenic Republic is poised to issue a five or 10 year Greek Government Bond (GGB) next week or the week after, EuroWeek understands — its first public syndication since its latest round of downgrades from Moody’s, Standard & Poor’s and Fitch. It hopes it will put a damper on the rumours and counter-rumours swirling around the credit as the country proves it has access to financing.
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