NBG looking into issuing covered bond

Tuesday, September 19th, 2017
Last Update: 13:16

Presumably a Reuters’ press report is suggesting that NBG is looking into issuing a 3 to 5 year covered bond. The size reportedly may be between EUR 300mn to EUR 500mn.

Apparently NBG has confirmed that they are indeed looking into it, but have mandated any banks yet.

This would mark the first bond market transaction for any Greek bank since 2014, and is coming on the back of the sovereign issue in July.

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