Long-term investors bought 90 pct of the 10-year Greek bond, report says

Long-term quality investors bought around 90 pct of the 10-year Greek bond, with most investors based in the UK, the Public Debt Management Organization said in a report released on Wednesday.

The report showed that 68 pct of the issue was covered by fund managers, 14.5 pct from banks, 4.0 pct from insurance companies and 11 pct from hedge funds. The final distribution shows that 37.5 pct of the issue was covered by investors from the UK, 12 pct from Greece, 9.5 pct from France, 8.0 pct from the US, 6.5 pct from Italy, 6.0 pct from Scandinavian countries, 5.0 pct from the Iberian peninsula and 5.5 pct from the rest of Europe.

Source ANA-MPA


The Greek Observer considers that every reader has the right to express their opinions freely. However, we explicitly emphasize that The Greek Observers’ editorial team does not adopt user opinions. Please express your opinions in a decent manner. Comments that include, insults will be deleted by the team and the users will be banned from commenting.