Bond prices rise on reshuf­fle, QE prospects

Kathimerini English - - Focus -

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.

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