The participation in Greek bond swap that took place on Wednesday rose above all expectations, as the coverage reached 86.1% of all bonds that the swap concerned. Financial Times state in an article that the voluntary bond swap in Greece was completed successfully; it will strengthen liquidity and attract long-term investors. The British newspaper speaks of an important step towards the programmed return of Greece to the markets in the beginning of 2018, as well as towards the preparation for exiting the memorandum.
On his part, Deputy Prime Minister Yannis Dragasakis commented that with the successful conclusion of the bond swap, institutional investors showed trust in Greece’s perspectives and the country’s turning of page.
Translation: Eleni Gogou