Greece Eyes Samurai Bonds Again, Looking to Turn 'Amazu Soosu' Into Sweet Success
Greece's relationship with Asian capital markets is not new. Greece is preparing a new diplomatic and financial push in Asia, with Dimitris Tsakonas, head of the Public Debt Management Agency, scheduled to visit Tokyo, Beijing and Singapore from November 16 to 22 for meetings with major institutional investors. The trip comes at a moment when Greek sovereign debt has re-entered the global spotlight: after regaining investment-grade status, the country is once again considered a credible and attractive destination for international capital. Asian investors in particular have shown fresh interest, though some are waiting for an additional upgrade to "AA-" before committing funds to Greek securities. Greece's relationship with Asian capital markets is not new. Over the past three decades, the country has repeatedly issued so-called "samurai bonds" - debt securities denominated in Japanese yen. The practice dates to 1995, years before...
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