Greece successfully returns to debt markets

FXStreet (Łódź) - Greece held its first sovereign debt auction since 2010 on Thursday, during which it sold 3 billion euros of 5-year notes, exceeding the target of 2.5 billion euros. The average yield was at 4.95%, below the projected 5-5.25%.

Greek Deputy PM Evangelos Venizelos said following the auction that the “bond issue proves that Greek debt is sustainable.”