GREECE
Macro/Political
• Greece raised a total of EUR 3bn through the reopening of its existing GGB 4.375% 07/18/38 (EUR 2bn) and GGB 4.125% 06/15/54 (EUR 1bn). Total demand for this dual trance tap exceeded 56bn.
Source: athexgroup.gr
• Moody’s credit rating review of the Greek economy is scheduled to be released today. The Agency currently holds Greece at Ba1, positive outlook.