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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY -
Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln -
Vehicles licences jump by 36.3 pct in Apr thanks to strongest car sales since 2010 -
Primary balance at 3.25 bln in Apr, above target thanks to favourable timing -
EC makes minor adjustment to growth forecast, at 2.2 pct for 2024 -
Import price index up by 1.3 pct YoY in Mar for first rise in 13 months
Inaugural 2023 bond attracts strong demand and steep interest
Greece had its inaugural bond issue for 2023 on Tuesday with a 10-year benchmark that covered half of the country’s debt strategy for the year thanks to the high demand.
The Public Debt Management Agency (PDMA) drew 3.5 billion euros for a June 2023 maturity bond, with a re-offer yield of 4.279 pct and a coupon of 4.25 pct, which is 165 basis over euro mid-swaps. The spread was 220.5 basis points over the German DBR tha...
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