Public Debt Management Authority

Greece will auction a 26-week treasury bills issue next Wednesday, February 21, seeking to raise 625 million euros from the market.

In an announcement on Friday, the Public Debt Management Authority (PDMA) said settlement date of the issue will be Friday, February 23, and the auction will be made with the primary dealers of the market.

Greece will return to the capital markets on Wednesday with the reopening of two bonds, aiming to raise 400 million euros from investors.

Greece on Wednesday successfully auctioned the reopening of a five-year bond at a significantly lower cost.

The Public Debt Management Authority (PDMA) auction attracted bids of 1.086 billion euros, significantly higher than the requested sum of €250 million, and the yield of the issue was set at 2.72%.

Greece on Wednesday successfully carried out a three-month treasury bill auction at a slightly lower cost. 

The interest rate of the issue was set at 3.84%, down from the 3.88% of the previous auction in November. 

The Public Debt Management Authority raised 812.5 million euros from the market, up from the asked sum of €625 million.

Bids totaled €1.045 billion.

Greece on Wednesday successfully auctioned a 12-month treasury bills issue with the interest rate of the issue set at 3.81%, down from 3.84% in the previous auction.

The Public Debt Management Authority said that bids submitted totaled 1.553 billion euros, 2.48 times more than the asked sum.

Greece on Wednesday successfully auctioned a three-month treasury bill issue, which was 2.14 times oversubscribed.

The interest rate of the issue was set at 3.8%, up from 3.65% in the previous auction in June.

Greece on Wednesday successfully completed an auction of a 25-year bond reopening, with bids exceeding 1.2 billion euros, six times more than the asked sum of 200 million.

The reopening of a 10-year Greek bond issue was more than five times oversubscribed during an auction held on Wednesday. 

The Public Debt Management Authority said that bids totaled 1.7 billion euros, significantly up from the €300 million asked. 

Greece will reopen a 10-year issue on Wednesday, seeking to raise up to 300 million euros from the market. 

The 10-year bond issue offers a coupon of 4.25% and has a maturity date of June 16, 2033. The settlement date will be Wednesday, April 26.