Bond prices rise on reshuffle, QE prospects
Greece’s borrowing costs were sharply lower across the board yesterday, with investor sentiment boosted by a cabinet reshuffle on Friday and comments from Prime Minister Alexis Tsipras. Two-year yields touched a record low at 4.767 percent, according to Tradeweb data. Greece’s 10-year bond yield fell 36 basis points to
Cyta Hellas for sale. The Cypriot government has authorized the sale of 100 percent of Cyta Hellas, the Greek subsidiary of the Cyprus Telecommunications Authority. The Greek firm has in the past attracted the interest of Wind Hellas and Vodafone. The latter has a close relationship with the parent company in Cyprus.