Greece has successfully returned to the financial markets on Tuesday after a three-year absence.
Greece’s Finance Minister Euclid Tsakalotos
The debt-ridden country has raised €3bn with a new five-year bond at a yield of 4.625%, which is lower than expected and even lower than the 4,95% that Greece sold its previous five-year bond in 2014.
A government official said the sale was an “absolute success” that “reaffirms the positive trajectory of the Greek economy which is making steady steps to exiting crisis and bailout programmes.”
Investors demand “exceeded our expectations,” said the Greece’s Finance Minister Euclid Tsakalotos.
