|Bid||10.47 x 300|
|Ask||10.48 x 400|
|Day's Range||10.43 - 10.55|
|52 Week Range||6.90 - 10.79|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.62%|
Greece raised €3 billion ($3.5 billion) in an oversubscribed five-year bond sale Tuesday in which the government enticed roughly half the buyers to swap existing debt for the new issue. The yield on the new five-year bond, 4.625, is below initial guidance and the 4.95 percent offered in the last five-year bond sale in 2014. Investors holding Greek bonds with 2019 maturities may have been paid as much as 40 million euros by the government to make the switch, The Financial Times calculated.
Demand is so good for a fresh international Greek bond offering that yields are reportedly dropping. Greece could raise 3 billion euros ($3.5 billion) in a five-year bond sale that is its first internationally ...
S&P Global Ratings revised its outlook on Greek credit to positive from stable, but there's a lot churning under those azure ocean waters. The ratings agency reiterated its B minus rating on long-term foreign and local currency government credit, and said the probability of raising its rating in the next 12 months is low, at one in three. S&P cited economic recovery and real gross domestic product growth of 1.5%.