Negative yield recorded in yet another Greek bond issue

Wednesday, 06 November 2019 20:25
UPD:20:27
REUTERS/JACKY NAEGELEN
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Greece drained 488 million euros on Wednesday from the market with a three-month bond issue, and, more importantly, with another negative yield recorded.

Specifically, the yield was 0,08 percent, falling further from the -0,02 percent for the previous issue, last October. The issue included non-completive bids of 112.5 million euros.   

The cover ratio reached 3.22, from 2.71 in the previous issue. A settlement date of Nov. 8, 2019 was cited.  

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