Finance ministry sources on Wednesday denied reports that the planned issue of a 10-year Greek government bond had been postponed, pointing out that no decision to issue such a bond had been made.
“In order for there to be a decision to postpone, there must first be a decision to issue. There has been no such decision,” the sources said.
“The Public Debt Management Agency (PDMA) has general instructions from the government since last summer to carry out – as it has already done – trial returns to the markets. Bond issues are decided by the PDMA, which has the necessary knowledge and expertise to select the right time, on the basis of technocratic criteria,” the sources added.