Greece concludes bond issue, coupon at 4.75 pct

17:26 10/4/2014 - Πηγή: Matrix24

Greece on Thursday announced it has agreed to sell a 5-year bond in a principal amount of 3 billion euros with an annual coupon of 4.75 percent.

The transaction is expected to be settled next week, the Finance Ministry said in a statement.

“Demand for the bonds was very strong. The participation of long-term investors outside Greece is expected to approach 90 percent,” the statement said.

source: ΑΜΝΑ