Greece to issue two new bonds by year-end, may postpone early IMF payment, officials tell Reuters

Greece plans at least two more bond issues by the end of the year and could postpone an early repayment to the International Monetary Fund to boost cash reserves and cover extra funding needs related to Covid-19, government officials told Reuters on Tuesday.
It is also shelving a decision to carry out fewer treasury bill issues this year, the sources said, speaking on condition of anonymity.
"Our plan is for at least two more bond issues by the end of the year to raise about 4 billion euros," a senior government official said.
"The first issue might take place in the next coming months, in the summer," the official said without giving details on the maturities of the new bonds.
Greece raised a total of 4.5 billion euros from 15- and 7- year bond issues earlier this year.
Its initial borrowing roadmap had Greece reducing annual treasury bill issues by about...

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