A total of 1.061 billion euros were submitted
A decrease in the interest rate was recorded in the auction of the Three-Month Bonds in the auction held today by the Public Debt Management Organization.
More specifically in the auction of 13-week interest-bearing notes, amounting to 500 million Euros. The yield stood at 2.63% from 2.84%. A total of 1.061 billion euros of bids were submitted, which exceeded the requested amount by 2.12 times.
The auction was conducted through Primary Dealers, and the settlement date is Friday, November 1, 2024. Bids up to the auction amount, as well as non-competitive bids of €100 million, were accepted.