The Greek state raised 500 million euros on Wednesday with the auction of 26-week bonds, with the uniform yield reaching 3.09%, down from 3.30% in the previous such auction held on July 24 last month.
The initial amount announced for auction was 500 million euros.
According to the Public Debt Management Agency (PDMA), the total amount offered was 985 million euros, with the amount of 600 million accepted – meaning the coverage ratio was 1.97 times, down from 2.39 times last month.
A settlement date is Friday, Aug. 23, 2024.
The cut-off price was 98.462, compared with 98.360 last month, with the cut-off ration at 50%, compared to 12% in July 2024.
No additional non-competitive bids will be accepted on Aug. 22, 2024.
