Greek PM's Office: 5-yr bond issue important step towards full market return - Reuters

Eren Sengezer FXStreet

"Greece's first attempt to return to bond markets in three years is an important step towards regaining full market access when its bailout ends in 2018, Prime Minister Alexis Tsipras's office said on Monday," Reuters reported in the last hour.

Key quotes:

Greece on Monday invited holders of its 4.75 percent outstanding bonds maturing in 2019 to tender them for cash, along with a plan to offer new five-year paper.
"This choice is a significant step, part of Greece's strategy to regain viable and steady access to international markets," Tsipras's office said in a statement.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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