Public Debt Management Agency
Bond yields pointing to 10-year issue
Greek bond yields eased significantly on Tuesday, in line with other eurozone peripheral bonds, remaining on the positive course set in mid-January, right after the issue of the five-year note. This is paving the way for the Public Debt Management Agency to implement the plan to issue a benchmark 10-year bond next month.
- Read more about Bond yields pointing to 10-year issue
- Log in to post comments
Markets see conditions for 10-year bond
Greek bond yields posted a fresh decline on Monday, driven by domestic developments and the generally favorable climate for sovereign notes in the eurozone, therefore paving the way for the next move by the Public Debt Management Agency (PDMA).
- Read more about Markets see conditions for 10-year bond
- Log in to post comments
T-bill yield drops to 0.5 pct in latest auction
Greece has auctioned 13-week treasury bills of a total value of 812.5 million euros, the country's Public Debt Management Agency (PDMA) announced on Wednesday.
The bills were sold at a 0.5 percent yield, down from 0.67 percent in the last similar auction on January 9 this year, according to an e-mailed PDMA press statement.
- Read more about T-bill yield drops to 0.5 pct in latest auction
- Log in to post comments
Appetite for more bond issues
Greece is already mulling its next steps in the markets, including reissues of existing bonds and the issue of a new 10-year note.
- Read more about Appetite for more bond issues
- Log in to post comments
New T-bill auction next Wednesday
Greece's Public Debt Management Agency (PDMA) announced on Friday that next Wednesday, February 6, it will auction 13-week treasury bills maturing on May 10 and amounting to 625 million euros.
The settlement date will be February 8.
Only primary dealers will be allowed to participate, according to their operation regulations, the PDMA said.
- Read more about New T-bill auction next Wednesday
- Log in to post comments
Successful high-yield bond issue
In a very carefully planned bond issue, the first after the end of the bailout programs in August 2018, the Greek state drew 2.5 billion euros on Tuesday, making the most of the currently favorable market conditions.
The new bond has a five-year maturity, expiring on April 2, 2024, a yield of 3.6 percent and a coupon of 3.45 percent, with bids exceeding 10 billion euros.
- Read more about Successful high-yield bond issue
- Log in to post comments
Post-bailout Greece readies for return to bond market
Greece has announced plans to issue a five-year bond, in what be the country's first market test since the end of its international bailout last August.
The country's Public Debt Management Agency on Monday named BofA Merrill Lynch, Goldman Sachs International Bank, HSBC, JP Morgan, Morgan Stanley, and SG CIB as joint lead managers for the issue.
Bond issue in good time, Tsakalotos says
The government is waiting for the right moment to tap the international markets, Finance Minister Euclid Tsakalotos told a radio interview on Tuesday, playing down concerns about the permanently high bond yield in the secondary market that is making a new issue impossible.
- Read more about Bond issue in good time, Tsakalotos says
- Log in to post comments
Greece to raise 625 mln euros in T-bills
The Public Debt Management Agency (PDMA) is set to auction 13-week treasury bills on Wednesday, in book entry form, maturing on April 12.
The amount to be auctioned is 625 million euros and the settlement date will be this Friday.
- Read more about Greece to raise 625 mln euros in T-bills
- Log in to post comments
Greece raises 1.63 bln in year's first T-bill auction
Greece raised 1.625 billion euros on Wednesday, in the first treasury bills auction conducted in 2019, the country's Public Debt Management Agency (PDMA) announced.
The six-month treasury bills were sold at 0.9 percent yield, unchanged from the previous similar auction held on December 5, 2018, according to the emailed PDMA press release.