Greek 5-year bond issue attracts more than 20 billion euros in bids

International capital markets are offering a new vote of confidence in the Greek economy with bids submitted during Wednesday’s book-building process for a five-year syndicated bond issue exceeding 20 billion euros, sources said.

The same sources said that the initial guidance for the yield of the five-year bond was 0.28 pct, but fell to 0.20 pct, with the spread set at mid swaps+47 basis points.