Ten-year bond auction concluded; yield at 3.56%
- Written by E.Tsiliopoulos
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There was considerable investor interest during an auction for re-opening a 10-year Greek Government Bond held on Wednesday.
The Greek state was asking for 200 million euros and the offers submitted amounted to 727 million euros, with a coverage ratio of 3.64. The bonds reach maturity on June 15, 2034 with an interest rate of 3.375%.
According to a Public Debt Management Agency announcement, the amount accepted was 200 million euros and the uniform yield was 3.56%, up from 3.51% during the auction on May 22.
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