Gov't should wait before issuing new 10-year bond, analysts say

Greece's 10-year bonds continue to entail significant risks, funds and analysts tell Kathimerini, recommending shorter maturity securities instead.

They also note that a new short-term bond issue would get a better reception from the market, while warning that the government should not rush to the capital markets for political or other reasons in what remains a difficult environment.

After the reserved tone the government and Public Debt Management Agency officials were met with in their London meetings a few days ago, Finance Minister Euclid Tsakalotos will attempt in new meetings in the US and Asia soon to convince investment funds about the country's growth prospects. This forms part of an effort to broaden the investment base, keeping in mind the possibility that Greece will tap the capital markets, even though this is not necessary in cash terms for now.

The...