Sovereign Trio May Offer Wide Risk Range to Euro Bond Investors

Austria, Belgium and Greece are all preparing to sell new bonds, giving investors a choice of European sovereign offerings from across the credit spectrum.

At the risky end, Greece -- rated six steps below investment grade at Moody’s Investors Service -- issued a mandate for a note due in April 2024, according to a person familiar with matter, who asked not to be identified because they aren’t authorized to discuss it publicly. Near-top rated Austria is planning a 10-year deal, while mid-investment grade Belgium is readying a 2050 bond, people said.