The total amount offered was 946 million euros, with the coverage ratio at 1.89
The purpose of the reissuance of these Greek government bonds is to meet investor demand while also facilitating the functioning of the secondary bond market.
Total amount offered reaches 985mln€, which was covered 1.97 times
The Greek state aims to raise 500 million euros, according to the Public Debt Management Agency (PDMA)
Roughly five billion euros was invested in state shares, bonds between 4Q 2022 and 3Q 2023 as a result of recent Greek economy credit rating hikes
Bond of 3.875% is set to mature on March 12, 2029
Very high demand pushed down the coupon's interest rate to 4.125%
Amount sought is 625 million euros
Reopening of the bond will have a fixed interest rate (GGB) of 3.875% with a maturity date of June 15, 2028
PDMA said roughly 10 billion euros will be covered by bond issues, another 4.1 billion euros will sought from the European Investment Bank (EIB), the Next Generation EU economic recovery package and other credit lines.
Athens reportedly aims to take advantage of the country's recently restored investment grade rating
Universal yield down from a previous 3.81 percent recorded in September; issue oversubscribed two-fold