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Greek PM's Office: 5-yr bond issue important step towards full market return - Reuters

"Greece's first attempt to return to bond markets in three years is an important step towards regaining full market access when its bailout ends in 2018, Prime Minister Alexis Tsipras's office said on Monday," Reuters reported in the last hour.

Key quotes:

  • Greece on Monday invited holders of its 4.75 percent outstanding bonds maturing in 2019 to tender them for cash, along with a plan to offer new five-year paper.
  • "This choice is a significant step, part of Greece's strategy to regain viable and steady access to international markets," Tsipras's office said in a statement.

Progress in St. Petersburg - BBH

Expectations going into the OPEC monitoring meeting in St. Petersburg were low," argues Marc Chandler, Global Head of Currency Strategy at BBH. Key q
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