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Greece confirms return to markets with 5-year bond

Greece's finance ministry confirmed today it mandated international banks to issue a benchmark, five-year bond, the country's first long-term debt sale since its international bailout started four years ago.

"The Hellenic Republic announces today it has mandated international banks for an imminent five-year benchmark bond issue, (denominated) in euros, under UK law," the finance ministry said in a statement.

"The transaction is expected to be priced and take place in the immediate future," the statement added.

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Tags:  Greece  bonds  markets  finance  





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