Greece announced on Tuesday the reopening of a five-year bond issue maturing on June 15, 2028 and bearing a fixed interest of 3.875%.
The Public Debt Management Authority is considering this reopening to satisfy investment demand and facilitate operations on the second bond market. The amount awarded will be 250 million euros and the settlement date will be Wednesday January 24. The auction will be done with the main dealers on the market.
On the domestic electronic secondary bond market, the yield on the 10-year Greek bond was 3.30%, that on the 10-year German Bund was 2.22% and the yield gap between the two benchmark bonds was 2.22%. is reduced to 2.08% against 2.11% the day before. The turnover amounted to 87 million euros, including 42 million purchase orders.
SOURCE; ANA-MPA
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