Auction

An auction of six-month treasury bills was held on Wednesday, amounting to 500 million euros, the Public Debt Management Agency (PDMA) announced.

The yield stood at 2.85%. Total bids of €1.062 billion were submitted, exceeding the asking amount by 2.12 times.

The auction was conducted through primary dealers, and the settlement date is this Friday.

High demand was recorded for the reissue of a 10-year Greek government bond on Wednesday, with bids that were 3.7 times higher than the asked sum of 250 million euros.

The yield of the bond fell to 3.11%, compared to 3.56% during the previous auction in June.

The bids submitted for the 10-year bond maturing on June 15, 2034 with a coupon of 3.375% amounted to €924 million.

Strong demand was recorded for the reissue of a 10-year Greek government bond on Wednesday, with bids reaching 3.7 times the target amount of 250 million euros.

The bond's yield fell to 3.11%, down from 3.56% in the previous auction held in June.

Specifically, bids for the 10-year bond, maturing on June 15, 2034, with a 3.375% coupon, totaled 924 million euros.

The Greek government is entering the markets today after Moody’s rating agency upgraded the outlook for the Greek economy.

As announced by the Public Debt Management Agency (PDMA), an Auction will be held today for the re-issuance of Greek Government Bonds (10-year maturity), fixed rate 3.375%, maturing June 15, 2034, in dematerialized form,

A new batch of 12-month treasury bills worth €500 million will be issued Wednesday, the Public Debt Management Agency (PDMA) said Friday.

It will be the fifth such auction in the past 12 months. Individual book entries can be made from Tuesday to Thursday and cannot exceed €15,000.

A wave of foreclosures is set to begin in early September, immediately after the August break. Notably, more than 11,000 electronic auctions of various categories are scheduled from this restart through the early months of 2025. The majority will involve real estate, ranging from houses, plots, and offices to industrial spaces, factories, hotels, and even helicopter hangars.

The Public Debt Management Agency announced on Wednesday it had auctioned 26-week treasury bills for the amount of 500 million euros, but the issue had a 2.39 coverage ratio with bids totaling €1,196 billion.

Thus, PDMA eventually drew €600 million, with a uniform yield of 3.30%. The issue matures on January 24; the settlement date is this Friday.

The largest stegosaurus skeleton ever found is expected to fetch millions of dollars at auction in New York next week, likely fueling objections from paleontologists.

The fossil, estimated to be approximately 150 million years old, was put on display at Sotheby's on July 10 and will be exhibited there until its sale on July 17.

Properties with “slashed” prices starting from 8,000 euros are being auctioned by the tax authorities to collect whatever they can from the seized assets of debtors.

Two pistols that Napoleon Bonaparte once intended to use to kill himself were sold in France on July 7 for 1.69 million euros ($1.8 million), the auction house said, with the government insisting that they stay in the country as national treasures.