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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessFINANCIALS: Natl Bank OfGreece: Small T2 Redemption, Another Small Step...
National Bank of Greece (ETEGA: Ba1 pos/BB pos/BB pos) confirming the early redemption of its Tier 2 notes (ETEGA 8.25% 07/18/29) on 18-Jul.
- Only EUR80m outstanding, notes will be redeemed at par and notes are currently trading about there so evidently expected.
- Greek state has been relatively vocal about selling down its equity stake (currently c.18%) in the bank by year-end, so this is another small step in the long road to recovery for the Greek system.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.