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Pricing of Greek 5-year-bond later today, as Greece returns to market

The Greek government is expected to declare the country’s exit from the memoranda as it prepares to issue a 5-year bond upon returning to the markets later on Tuesday. The exact amount of money and the bond rate the Greek state will draw will become public on Tuesday afternoon.

Greece returns to bond markets (Upd)

Greece will return to bond markets, according to reports on Monday. The offers book is open for investors Monday and will remain so for 24 hours. The country invited holders of outstanding 4.75% 2019 bonds to tender them for cash in a switch offer. The government aims to draw €4.03bn at a rate below the 4.95% the previous government had borrowed at in 2014.

Greek yields rise after banks hired for comeback bond sale

Yields on Greek government bonds rose on Thursday after IFR reported six banks had been hired to arrange Greece's first bond sale in over three years.

The Thomson Reuters market news and data service said late Wednesday Greece had mandated Bank of America Merrill Lynch, BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs and HSBC for a five-year issue. The banks declined comment.

London finance chief upbeat after Brexit trigger

The outlook for London's financial sector has improved since Brexit was triggered, insists the man charged with its policy, even as banks remain set to move some jobs abroad.

Mark Boleat, who spoke on Thursday to AFP after British Prime Minister Theresa May activated the process for Britain's EU exit, nevertheless urged speedy trade talks to minimize disruption.

Greece's National Bank gets four bids for insurance unit, says source

Four investors submitted binding bids to acquire a majority stake in Greek lender National Bank's (NBG) insurance unit, a banking source close to the deal told Reuters on Tuesday.

Greece's second largest lender by assets is looking to sell its National Insurance subsidiary as part of a restructuring plan it has agreed with regulators to exit from non-banking operations.

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