The Greek government will issue a 10-year bond in the near future. Specifically, the Public Debt Management Agency has instructed BofA, Deutsche Bank, Goldman Sachs, Morgan Stanley, National Bank, and Societe Generale to run the issue.
As noted, the transaction will take place in the near future, depending on market conditions.
It is noted that, as it has been reported, Greece intends to draw from the markets in 2025 the amount of €8 billion, while the total financing needs of 15.28 billion euros will be covered mainly by the loans of the Recovery and Resilience Fund, privatizations and the reduction of the government's reserves.
Specifically, according to the loan programme recently announced by the Public Debt Management Agency, the financing needs, totalling €15.28 billion, are divided for the next year between bond repayments of €5.45 billion, interest repayments of €4.75 billion, the early repayment of a double tranche of the bilateral loan with the euro area of €5.3 billion and the financing of €5.96 billion for projects of the Fund.