Yield

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.

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The yield of the Greek 10-year bond stood at 3.52% from 3.44% yesterday compared to 2.46% of the corresponding German bond

Pearl Jam blasted out their forthcoming album to a few hundred family, friends, industry insiders and reporters Wednesday, and the tracks showed they are doing anything but mellowing with age.

The affordable areas of the center of Athens, its western suburbs and Piraeus are the most attractive destinations in Attica for investors who wish to acquire property for income.

The yield of the Greek 10-year bond, the benchmark of the Greek debt market, has now dropped below 3%, at the lowest levels since April 2022, when the main interest rate of the European Central Bank was still at negative levels.

Alpha Bank on Wednesday announced it had successfully completed the issuance of a 500-million-euro senior preferred bond.

The issue attracted strong demand amounting to €1.3 billion, or roughly three times the initial target of €400 million.

Τhe 10-year Greek benchmark bond yield has this week fallen to its lowest levels in 10 months, returning to levels last seen in August 2022. 

Traders said market sentiment remained positive despite comments made by European Central Bank officials over the possibility of fresh interest-rate increases. 

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.