Greece to issue bonds for first time in three years


Greece is looking to sell government bonds for the first time since 2014 amid negative yields elsewhere in Europe.

The five-year bond could come as early as this week with a yield above 4.5 per cent, the Financial Times reports.

Greece has only raised debt twice since the 2010 eurozone crisis issuing €4.5bn of bonds at three and five-year maturities in 2014.

The IMF said earlier this year that Greece’s debts were unsustainable and the country has received three bailouts in the last seven years.