Athens (dpa) – Greece raised 3 billion euros (3.4 billion dollars) in fresh money on Wednesday with a 10-year government bond.
The country achieved «a satisfactory yield considering the prevailing international conditions,» Finance Minister Christos Staikouras said.
According to the finance minister, the yield was 1.8 per cent, far lower than a similar bond in March 2019, which was 3.9 per cent.
Investors now have far more confidence in the former euro crisis state again.
However, there are some warning signs, according to analysts. Almost a year ago, Athens borrowed 10 billion euros at a yield of only 0.8 per cent. At the height of the severe financial crisis in 2012, yields were more than 35 per cent.
The last aid programme for Greece expired in August 2018. Since then, Athens has increasingly been able to stand on its own two feet and borrow money on the capital market.
