Foreign Exchange & Fixed Income

Reuters exclusively reports Greece plans more bond issues to shore up post-bailout future

Reuters exclusively reports Greece plans more bond issues to shore up post-bailout future

Reuters exclusively reported that Greece wants to tap bond markets twice before year-end and may sell its first 10-year issue for a decade, in an effort to convince investors that it does not need any more external aid after its bailout program ends in August. The heavily indebted nation, shut out of bond markets in 2010 as it fell into an economic depression, has been tiptoeing back into them after carrying out reforms in return for bailouts from the EU and International Monetary Fund.