Bond

David Goodman & Eshe Nelson

Bondholders in Europe just got a wakeup call.

The Finance Ministry is scrambling to abolish a regulation concerning a retroactive capital gains tax on Greek bonds held by foreigners, following the impact on Greek debt in the market.

By John Geddie

Lower-rated euro zone bond prices slipped on Friday, deepening sharp falls on Thursday triggered by nervousness about the stability of the Greek government, a tax on foreign holders of Greek bonds, and weak growth.

Greece's government on Thursday denied it had instituted a retroactive tax on foreign holders of Greek bonds, saying capital gains booked from early 2012 to the end of last year were subject to the tax regime covering that period.

By Yiannis Papadoyiannis

By Lucy Meakin and Neal Armstrong

The advance in euro-area government bonds that pushed the 10-year yields of Ireland, Italy and Spain to record lows today is about to end, according to investors from BlueBay Asset Management LLP to BlackRock Inc.

By Yiannis Papadoyiannis

The book for National Bank of Greece’s 2.5-billion-euro share capital increase opens on Tuesday and will close on Thursday, with the price for the sale of the new shares to be determined by investor offers.

On Saturday a general meeting of the bank will approve the share increase and the share price, completing the process.

By Anestis Dokas

Public Power Corp SA, Greece’s largest electricity company, is returning to the bond market for the first time since 2000 as recovery takes hold in the nation that set off the euro region’s debt crisis.

By Abigail Moses

A recovery in the nation that set off the euro region’s debt crisis is allowing Greece’s largest electricity company to return to the bond market for the first time since 2000.