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Greece returns to debt mkts with 5-year bond

Wednesday, 9 April 2014


Greece is to sell five-year bonds in the country's first long-term debt sale since its international bailout started four years ago. The news came as thousands of striking Greeks marched on parliament to protest against job and spending cuts. "The Hellenic Republic announces Wednesday it has mandated international banks for an imminent five-year benchmark bond issue," the finance ministry said. The bond would be priced in "the immediate future", it said, according to a news agency.