Banks forecast Tuesday's Greek bond issue yield at 4.875

Tuesday, 25 July 2017 10:59
UPD:11:19
REUTERS/TONY GENTILE
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The first estimates on Tuesday morning (Athens time) put a yield on the same-day five-year bond issue that Athens will float at 4.875 percent, according to banks acting as joint lead managers.

The issue, the first by the Greek state since 2014, will expire in 2022.

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