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Greece Issues EUR3 Billion Bond
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Greece has sold a significant EUR3 billion in a new ultra-long government bond maturing in June 2054, featuring a 4.125% coupon. The bond was priced at 98.057, with a yield of 4.241%, and attracted overwhelming demand, closing at EUR33 billion with EUR1.8 billion from joint lead managers.
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How could this large bond issuance influence investor confidence in Greece's financial future and debt management strategies?
How might the successful issuance impact Greece's overall financial stability and economic outlook?
What factors contributed to the high demand for this ultra-long government bond despite its extended maturity period?
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