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Greek bonds have evolved into the perfect refuge for investors amid concerns in the global economy, and into a focus of attention regarding their improvement prospects, leading to the pursuit of Greek returns. Many investors who missed out on last year's rally have noticed the positive outlook and are rushing to jump on the bandwagon ahead of further credit rating upgrades and inclusion in the
Despite the exceptional performance of Greek bonds during 2019, Societe Generale and Citigroup analysts believe that Greek yields will fall even further this year. They note that rating agencies' cautious moves to date will be succeeded by several upgrades, starting with Fitch Ratings on January 24.
The 3-billion-euro loan recently drawn by the Government "has the highest cost of Romania's history," the interest being almost 2.2 billion euro, Pro Romania party Chairman and former PM Victor Ponta told a press conference on Sunday. He spoke of the 3-billion-euro loan which the Government, the Finance Ministry took in only one day.
The Treasury and Finance Ministry said on Feb. 12 it has mandated Citigroup, Kuwait Finance House and Standard Chartered for a U.S. dollar denominated lease certificate issuance on the international capital markets.