The amount of bids was almost five times the amount that the Greek State sought from the market
Great investment interest was recorded in today’s auction for his reissue 10 years of bond.
As announced by the Public Debt Management Organization (Ride) The amount of the bids was almost five times the amount that the Greek State was sought from the market.
Specifically, offers of EUR 1,188 billion were submitted compared to EUR 250 million which was the auctioned amount.
The bond’s yield fell to 3.24% while the State will eventually raise 250m euros.
The purpose of the reissue of the 10 -year bond, a fixed interest rate of 3,625%, expiry 15 June 2035 is to satisfy investment demand and at the same time facilitate the operation of the secondary bond market.
The Settlement date will be Wednesday, February 19, 2025 (T+5).
