Greece opens book-building process for 7-year bond reissue

Greece on Wednesday opened the book-building process for the reissue of a 7-year bond, originally issued in April 2020. The lead guidance for the interest rate is expected at mid swaps +115 basis points, in the area of 2.57%. The 7-year bond matures in April 2027 and carries a coupon of 2% and yields 2.013%.
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