ATHENS: Greece broke a three-year dry spell with a successful return to the debt markets on Tuesday, a symbolic victory for the beleaguered eurozone nation.

It even managed to borrow at cheaper rates than in 2014, the last time it tapped the international bond market, HSBC, lead manager for the operation, told AFP.

The Greek treasury sold three billion euros ($3.5 billion) worth of five-year bonds at a rate of 4.625 per cent, said Frederic Gabizon, head of European public sector debt at HSBC.

Published in Dawn, July 26th, 2017