Municipal bond

The deterioration of Greece's country risk, recently reflected in the increase in sovereign bond yields after the issue of the seven-year bond on February 9, has also had a negative impact on Greek corporate bonds on the platform of the Athens Exchange.

The Government will continue restructuring the state-owned companies and reviewing its portfolio, to decide which of them could be listed on the stock exchange, Treasury head Stefan Nanu said in a conference organized by the Bucharest Stock Exchange (BVB) on Tuesday.

The three bonds newly issued under Bulgaria's Global medium-term programme have performed extremely well on the secondary market.

The Bucharest Stock Exchange (BVB) is organizing, on Thursday, a specialty conference with the topic of "Perspectives for the development of the municipal bonds market at the Bucharest Stock Market".

Alastair Marsh & Katie Linsell

Mario Draghi’s words have lost none of their potency. Just look at the bond market where the European Central Bank president’s hints about further stimulus soothed investors unsettled by turmoil from Ukraine to Iraq.