Greece is planning to issue its first long-term bond since it secured its bailout in May 2010, three senior eurozone officials with knowledge of the situation said Tuesday.

Greece wants to issue a three-to-five year bond by June and plans to raise about €4 billion to €5 billion ($5.5 billion to $6.9 billion) on financial markets by the end of the year, taking advantage of improved market sentiment for troubled eurozone countries such as Portugal, the officials said.