ATHENS, April 7 (Reuters) - Greece plans three bond
reopenings via auctions by the end of June, as part of its 2023
borrowing programme, its debt agency (PDMA) said on Friday.
PDMA started auctioning bonds last year for up to 500
million euros ($545.50 million) to add liquidity to specific
parts of Greek debt's yield curb.
Under a bond auction schedule released on Friday, PDMA plans
bond reopenings on April 19, on May 17 and on June 21.
PDMA will announce its final decision to proceed with each
scheduled auction and the auctioned amount a day before the
auction date, it said in a statement.
The country has planned to borrow about 7 billion euros
through new issues and reopening of other maturities this year,
a billion less than last year.
It has already raised 6 billion euros from a syndicated
issue of a 10-year and a 5-year bond in January and in March,
covering almost 90% of its annual borrowing needs.
($1 = 0.9166 euros)
(Reporting by Lefteris Papadimas; Editing by Angeliki Koutantou
and Barbara Lewis)
Reuters Messaging: lefteris.papadimas.reuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.