Reuters reveals Greece to borrow 10 to 12 bln euros on bond markets in 2022

Reuters reported exclusively that Greece plans to borrow 10 billion euros ($11.3 billion) to 12 billion euros in 2022 by issuing new short- and long-term debt and its first ever green bond. The country issued five-, 10-, and 30-year government bonds this year, raising a total of about 14 billion euros and benefiting from ultra-low interest rates spurred by the asset-purchase program of the European Central Bank. Greece, which is rated BB by Standard & Poor’s, returned to international bond markets in 2017 after being locked out for years during a decade-long debt crisis from which it finally emerged in August 2018.