Keen interest in 10-year bond

The auction for the reopening of a 10-year Greek government bond attracted strong interest from investors on Wednesday.

According to the Public Debt Management Agency, the auction was nearly four times oversubscribed, with offers amounting to 957 million euros for the asked sum of €250 million.

In Wednesday's auction of a Greek government bond with a yield of 3.375%, maturing on June 15, 2034, total bids reached €957 million, meaning the issue was oversubscribed almost four time, and the amount finally accepted was 250 million euros.

The settlement date is November 27. The bond yield was 3.16%, compared to 3.11% in the previous auction held on September 18, 2024.