According to a Finance Ministry statement released on Wednesday, Greece has mandated banks for a three-year bond that will be issued in the near future.

“The transaction is expected to be launched and priced in the near future, subject to market conditions,” the statement said.

Greece is aiming for a yield of around 3.5 percent on the 3 million euros bond. According to Bloomberg, Bank of America Merrill Lynch, Citigroup Inc., Deutsche Bank AG, Goldman Sachs Group Inc. and JPMorgan Chase & Co. will sell the notes on behalf of Greece.