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GLOBAL & REGIONAL DAILY (Tuesday 28, January 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
January 28, 2020
Global Markets
Investors retain a cautious stance against risk assets on the back of increased concerns about the potential economic impact of the coronavirus outbreak on the Chinese and, thus, the global economy. Concerns about the risk of contagion continued to favor fixed income markets, while both the JPY and the CHF remained firmed.
Greece
Greece tapped the markets anew today with the issuance of a 15-year GGB in order to raise €2-2.5 billion at <2% yield. A regulation was tabled to Parliament yesterday, allowing for the commencement of demolitions and other preliminary construction works on the site of Hellinikon, before the financial closing of the concession.
CESEE
Bulgaria: The main stock-market index SOFIX gained 0.47% during the past week.
Serbia: The EUR/RSD remained bound within a 117.50-117.55 trading range in the past week.
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