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Bonds, Greek Bonds

(GREEK NEWS AGENDA)  The government sold €8 billion worth of 10-year bonds on strong demand, the Public Debt Management Agency (PDMA) reported yesterday (June 2). The 6% notes due July 2019 were sold to yield 187 basis points more than German government debt of similar maturity and 178 basis points over the benchmark mid-swap rate, the PDMA said. “It was the year’s most successful issue, as far as volume is concerned,” said PMDA head Spyros Papanicolaou. Brokers said the yield was high, making the bond attractive to investors. Kathimerini daily: Gov’t sells 8 bln euros of bonds