The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Derivatives market: Greece tests appetite for 50s; Talk of €1.5bn

Greece is planning to issue up to €1.5bn in 50-year bonds through a private placement in the first half of this year, says the director general of the sovereign’s public debt management agency.

A version of this article first appeared in Total Derivatives.

Total Derivatives is the prime source of real-time news and analysis of the global fixed income markets. 


Vincenzo.Pelosi@TotalDerivatives.com • Greece sees room for up to €1.5bn 50s in H1

• 50y enthusiasm justified?

• Demand for duration not as strong as it was

• Germany, Netherlands not looking at 50y

• Pricing mulled

Greece sees room for up to €1.5bn 50s in H1

Greece is planning to issue up to €1.5bn in 50-year bonds through a private placement in the first half of this year, the director general of the sovereign’s public debt management agency said today.

In an interview with Total Derivatives, PDMA head Spyros Papanicolaou said Greece has received proposals for such a deal from “a number of banks” in the last few months. “We are looking at doing anything from €500m to €1.5bn maximum some time in the first half of this year. But it will be in the context of a private placement,” he said.

Mr. Papanicolaou said the sovereign would not consider syndicating the deal, adding that any 50-year bond would not form part of its official issuance schedule.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree