MarketsNotableSingle-source
5.3
Greece's ODDYCH cancels September 16 bond auction
Capital.grLO·GR·3 days ago
Greece faces two key sovereign credit rating reviews on Friday: Moody's, which rates Greece at Baa3 (lowest investment grade), and SCOPE, which upgraded its outlook to positive in spring. An upgrade by Moody's or a further positive action by SCOPE could improve Greece's borrowing costs and investment appeal, though Moody's has been more cautious than peers.