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Greece Plans First Long-Term Bond Since Bailout

wochit politics
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April 01, 2014 AT 5:48 AM
Three senior euro-zone officials with knowledge of the situation said Tuesday that Greece is planning to issue its first long-term bond since it secured its bailout in May 2010. Greece wants to issue a three-to-five-year bond by June and plans to raise about $5.5 billion to $6.9 billion on financial markets by the end of the year, taking advantage of improved market sentiment for troubled euro-zone.