Greece to tap markets with reissue of 5-year and 30-year bonds

Greece will again tap the markets with the re-issuance of two bonds with duration of five and thirty years.

According to an announcement, the government has instructed Alpha Bank, Barclays, Citi, Commerzbank and Morgan Stanley to reissue the bond maturing on February 12, 2026 with a coupon at 0 pct and a bond maturing on January 24, 2052 with a coupon of 1.875 pct.

According to the announcement, the consortium transaction will take place in the near future depending on market conditions.