Pages

Wednesday, February 14, 2018

Greece’s new bond issue trading underwater amid wider market turmoil

Investors who bought Greece’s latest bond last week are already nursing paper losses. The seven-year bond priced at a yield of 3.5 per cent on Thursday, but the €3bn paper is now trading at 4.19 per cent. Yields rise when prices fall. The timing of the ...


READ THE ORIGINAL POST AT www.ft.com