Fixed income securities

 Return to markets will be with a 3-or 7-year bond before the start of the troika’s next major inspection

By Sotiris Nikas

The performance of the Greek residential mortgage-backed securities (RMBS) market was stable during the three months ended April 2014, according to the latest indices published by Moody’s Investors Service.

The 90+ day delinquencies of Greek RMBS transactions rose to 5.6 percent of the current balance in April 2014 from 4.3 percent in April 2013.

Ukraine has received the first tranche of USD 3.2 B from the IMF aid program, reports the central bank. 

The bank said the first tranche was received on Tuesday. More than $1 billion went to the bank's foreign currency reserves and the rest to the state budget, a spokesman said.

Finance Minister Yannis Stournaras (l) and European Economic and Monetary Affairs Commissioner Olli Rehn (r) discuss issues at Tuesday’s Eurogroup as German Finance Minister Wolfgang Schaeuble ponders something in the background.

 Decision hinges on Greek Parliament’s voting on the multi-bill