Between 70% and 80% of the issue activity will be covered through two new syndicated issues – with a new 10-year note being certain and expected, most likely, at the beginning of the year – and the rest through planned reissues of existing securities, amounting to some €2 billion.
European stock markets ended mixed on Friday, as a series of good and bad news pulled them in both directions.
On the positive side, expectations of a positive outcome, such as at least a temporary truce in Ukraine, from the Trump-Putin talks in Alaska, which began late Friday European time.
There were also some better-than-expected results from European listings.
On the negative side was the rise in US producer prices, limiting expectations for a September rates cut by the Federal Reserve. Also, data show the Chinese economy taking a hit from tariffs on its exports.
The Athens Stock Exchange was closed Friday, a holiday. All four sessions this week ended with moderate gains, extending the market rally to 15-year highs.