Greece resurfaces in bond market after mammoth post-election rally

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By Burhan Khadbai
15 Jul 2019

Greece picked banks on Monday for its third syndicated bond of the year as the sovereign looks to take advantage of a sharp rally in its yields to fund an early repayment of loans to the International Monetary Fund.

Bank of America, Barclays, Deutsche Bank, Morgan Stanley, Nomura and Société Générale have been appointed to lead the euro seven year Reg S/144A benchmark.

Greece was heavily rumoured for a new bond issue this week after the sovereign’s yields reached record low levels following the ...

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