Greece is preparing to issue a small-sized bond before August with a likely maturity of seven years to raise 2-3 billion euros, a senior finance ministry official told Reuters.
Last April, Greece made its successful return to debt markets after a four-year exile by issuing a five year bond. “Conditions in the markets are good for a new bond issue in the summer,” the official said on condition of anonymity, cautioning that the government had yet to finalize details.
“We are talking about a small-sized issue of around 2 to 3 billion euros with the primary aim of filling the yield curve.”
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