Reuters on Tuesday said the Greek government is eyeing another early repayment of up to five billion euros worth of bailout loans to eurozone partners later this year, quoting two “government officials” as its sources.

The country has relied solely on international markets for its borrowing needs since a third institutional bailout ended in 2018. Reuters cited one of the two sources as saying that the early repayment would cost between 2.5 billion and 5 billion euros and take place "probably in the second half of the year."

The source, per Reuters, qualified the initiative by saying it would allow more bond issues without increasing Greece’s sovereign debt, while “adding liquidity to a shallow Greek bond market.” The international news source reminded us that the eurozone and the European Central Bank, two institutional and official lenders, hold about 70% of Greece's debt. The second source merely confirmed the first’s figures and time frame.