Corporate bond

Alpha Bank on Wednesday announced it had successfully completed the issuance of a 500-million-euro senior preferred bond.

The issue attracted strong demand amounting to €1.3 billion, or roughly three times the initial target of €400 million.

The reopening of a 10-year Greek bond issue was more than five times oversubscribed during an auction held on Wednesday. 

The Public Debt Management Authority said that bids totaled 1.7 billion euros, significantly up from the €300 million asked. 

Greece will reopen a 10-year issue on Wednesday, seeking to raise up to 300 million euros from the market. 

The 10-year bond issue offers a coupon of 4.25% and has a maturity date of June 16, 2033. The settlement date will be Wednesday, April 26. 

WASHINGTON - The World Bank Board of Executive Directors approved on Friday a 27.7 mln euro loan to support Serbia in its effort to deepen and further develop its capital markets with a Catalysing Long Term Finance Through Capital Markets Project.

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is investing RON 293.5 million (the equivalent of approximately $72 million) in RON-denominated senior non-preferred bonds placed by Raiffeisen Bank SA (RBRO), IFC said in a statement on Monday.

Athens-listed Mytilineos Group is ready to tap the international capital markets in the next few months, well-informed banking sources say.

The Turkish Treasury and Finance Ministry on Nov. 25 said its issuance of a dollar-denominated bond due in 2031 finalized with a nominal amount of $2.25 billion, seeing high demand from international capital markets.

As part of the 2020 external financing program, Goldman Sachs, HSBC and Morgan Stanley were authorized on Nov. 24 to issue the bonds.

The European Central Bank has asked staff to study whether it should buy "junk" corporate bonds as it comes under growing pressure to help the economy cope with the fallout from the coronavirus pandemic, four sources told Reuters.

A number of Athens-listed companies are planning to take part in a new wave of bond issues, aiming to make the most of the favorable climate in the market and the improvement in investor confidence in Greece.

Terna Energy's new corporate bond will amount to 150 million euros, will have a maturity period of seven years and its book will open from Wednesday to Friday next week, according to the bulletin the company issued on Friday.