BR100 Decreased By (-0.29%)
BR30 Decreased By (-0.02%)
KSE100 Decreased By (-0.2%)
KSE30 Decreased By (-0.29%)
AGHA 7.70 Increased By ▲ 0.01 (0.13%)
BECO 5.35 Increased By ▲ 0.04 (0.75%)
BML 60.71 Decreased By ▼ -0.52 (-0.85%)
BOP 36.06 Increased By ▲ 0.06 (0.17%)
CNERGY 11.50 Increased By ▲ 0.25 (2.22%)
CSIL 6.22 Increased By ▲ 0.05 (0.81%)
FCCL 56.99 Increased By ▲ 0.11 (0.19%)
FFL 16.52 Increased By ▲ 0.01 (0.06%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.35 Decreased By ▼ -0.07 (-0.94%)
KOSM 6.10 Increased By ▲ 0.05 (0.83%)
LOTCHEM 27.18 Decreased By ▼ -0.02 (-0.07%)
MLCF 102.30 Decreased By ▼ -0.79 (-0.77%)
NBP 206.25 Decreased By ▼ -1.38 (-0.66%)
NCPL 64.70 Increased By ▲ 2.78 (4.49%)
NPL 74.40 Increased By ▲ 2.22 (3.08%)
OGDC 318.40 Decreased By ▼ -0.09 (-0.03%)
PACE 11.18 Increased By ▲ 0.12 (1.08%)
PAEL 44.64 Increased By ▲ 0.26 (0.59%)
PIBTL 16.89 Decreased By ▼ -0.01 (-0.06%)
PPL 221.00 Decreased By ▼ -1.48 (-0.67%)
PRL 64.10 Increased By ▲ 0.29 (0.45%)
PTC 73.69 Increased By ▲ 0.53 (0.72%)
SSGC 27.18 Decreased By ▼ -0.07 (-0.26%)
TBL 9.90 Increased By ▲ 0.02 (0.2%)
TELE 8.75 Decreased By ▼ -0.06 (-0.68%)
TPL 20.37 Increased By ▲ 0.03 (0.15%)
TPLP 15.00 Increased By ▲ 0.03 (0.2%)
TREET 23.90 Decreased By ▼ -0.20 (-0.83%)
TRG 62.40 Increased By ▲ 0.03 (0.05%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Business & Finance

Greece sets price guidance at 5pc area on new five-year

Published Updated
Save
1 min
Comments
By Shoaib Ur Rehman
Add BRecorder as a trusted
source on Google
Google Preferred Source

imageLONDON: Greece has set final price guidance on its first international benchmark bond issue since 2010 at 5pc area according to sources.

The order book on the five-year issue is in excess of 17.5bn with more than 450 orders.

The transaction will be priced later today within a range of plus or minus 5bp around 5pc.

Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan and Morgan Stanley are arranging the sale.

Greece is rated nine notches below investment grade at Caa3 by Moody's. Standard and Poor's and Fitch rank Greece six notches below investment grade at B-.

Comments

Comments are closed for this article.

More Stories

Browse all stories