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Finance Minister Constantinos Petrides expressed on Tuesday his satisfaction over the conclusion of a double bond issuance, that will secure the biggest part of the country’s borrowing needs for 2020, while repaying an IMF rescue loan earlier than planned. The 10-year and 20-year euro denominated bonds, of €1 bln and €750 mln respectively, have low interest rates. Their indicative yields so far stand at 0.73% for the 10-year bond and at 1.33% for the 20-year bond. Total bid value exceeded 13 billion, …
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