Bond

Thanks to increased confidence and predictability, Türkiye now obtains longer-term external financing from international markets at more favorable terms compared to the past, Finance Minister Mehmet Şimşek has said.

Greece's new 30-year bond created the second largest bid book since 2010 on Wednesday, as demand exceeded 33 billion euros, covering the €3 billion raised 11 times, with the yield at 4.241% and the coupon at 4.125%.

Greece drew 3 billion euros from the issue of a new 30-year bond on Wednesday, securing considerable demand for the issue that came on the back of the unexpected upgrading of the country's credit outlook to "Positive" by Standard & Poor's last Friday.

Armed by the surprise move from Standard & Poor's last Friday, upgrading Greece's outlook to "Positive," the Public Debt Management Agency is on Wednesday set to make its second major market foray for 2024, with a new 30-year bond.

The yield of the Greek 10-year bond stood at 3.52% from 3.44% yesterday compared to 2.46% of the corresponding German bond

BELGRADE - The Serbian Public Debt Administration has announced it had sold three-year euro government bonds at an auction for 66.2 mln euros.

In a statement, the Administration said an issue of three-year government bonds first issued on January 25, 2024 and maturing on January 29, 2027, had been reopened on Tuesday.

Athens-listed lottery and sports betting company Intralot signed an agreement for the issue of a new bond loan agreement of up to 100 million euros and duration to June 30, 2025, it said on Thursday.

Greece's next market foray with a new bond is possible as early as next month, according to estimates.

The National Bank of Greece announced this week that it has successfully completed the placement of a reduced-security bond in the market amounting to 500 million euros with a return of 5.875%.

The bond has a duration of 11.25 years with a callable period of 6.25 years.

Türkiye Wealth Fund (TWF) has signed a $100 million Murabaha financing agreement with Sharjah Islamic Bank (SIB).

This three-year term agreement marks the first Islamic finance transaction for the TWF.

Doğan Investment Bank acted as the financial adviser and coordinator for the transaction, the fund said in a statement.