Public Debt Management Agency
PDMA set to wait for some time before it taps capital markets
Foreign funds may have recently appeared more favorable toward Greek bonds and the possibility of a new issue by the Public Debt Management Agency (PDMA), but the Greek government's plans for tapping the capital markets in the near future seem to be have been put on hold.
Greek bond issue back on the rumor mill
Scenarios of Greece returning to the capital markets are on the increase again following the meetings held by the top officials of the Finance Ministry and the Public Debt Management Agency in New York and Boston earlier this month.
Nevertheless, sources say that no decision has been made yet, with the PDMA closely monitoring developments in international markets.
- Read more about Greek bond issue back on the rumor mill
- Log in to post comments
Greece sells 26-week T-bills, yield stable at 0.85 pct
On Wednesday Greece sold 26-week treasury bills at a yield of 0.85 percent, unchanged from the previous similar auction last month.
Wednesday's auction amounted to 1.625 billion euros, the Public Debt Management Agency (PDMA) announced.
Total bids of 1.729 billion euros were submitted, exceeding the required amount by 1.38 times.
The settlement date is Friday.
Finance ministry sources deny reports on bond delay
Greek Finance Ministry sources denied on Wednesday reports claiming it had decided to delay by a few months its plan to issue a newn 10-year bond due to increased political risk in Italy, saying it had not even decided on such an issuance.
Greece sells 1.138 billion euros of T-bills
Greece sold 1.138 billion euros in an auction of three-month treasury bills on Wednesday, the Greek Public Debt Management Agency (PDMA) said.
The 13-week treasury bills were sold at an interest rate of 0.59 percent, down from 0.79 percent in the previous similar auction last month, according to the e-mailed PDMA statement.
- Read more about Greece sells 1.138 billion euros of T-bills
- Log in to post comments
Greece sells six-month T-bills, raises 1.14 bln euros
Greece sold 1.14 billion euros' worth of treasury bills on Wednesday, according to the Greek Public Debt Management Agency (PDMA).
The six-month treasury bills were sold at an interest rate of 1.07 percent, compared to 1.19 percent in a similar auction last month, according to an e-mailed press release.
Yield on Greek T-bills rises
Greece raised 1.3 billion euros in an auction of treasury bills on Wednesday, the Greek Public Debt Management Agency (PDMA) said.
The three-month T-bills were sold at an interest rate of 1.05 percent up from 0.99 percent in the previous sale in February.
[Xinhua]
- Read more about Yield on Greek T-bills rises
- Log in to post comments
Greece opens book for its new 7-yr bond
Greece opened the book for its new seven-year bond on Thursday morning, expecting to collect at least 3 billion euros from the markets.
Observers anticipate the yield of the new benchmark-sized debt to amount to 3.75 percent, maturing on February 15, 2025.
- Read more about Greece opens book for its new 7-yr bond
- Log in to post comments
JP Morgan hires Greek ex debt agency chief
JP Morgan has hired the former head of Greece's debt management agency, Stelios Papadopoulos, to head its investment banking business in Greece, according to an internal memo seen by IFR.
Papadopoulos started on Monday and will report to Kyril Courboin, JP Morgan's CEO for France and the region covering Luxembourg, the Netherlands, Greece, Iberia, and Italy, the memo said.
- Read more about JP Morgan hires Greek ex debt agency chief
- Log in to post comments
Bond swap already two-thirds covered
The process of swapping 20 bonds stemming from the Greek debt restructuring of 2012, or private sector involvement (PSI), began on Wednesday with the issue of new securities.
- Read more about Bond swap already two-thirds covered
- Log in to post comments