Large investor interest appeared in today’s auction of five-year Greek government bonds.

The bids exceeded more than 3.5 times the auctioned amount (250 million euros) and the yield was 2.81%.

More specifically, as announced by the Public Debt Management Agency during the reissuance by auction of Greek 3.875% securities maturing on March 12, 2029, amounting to 250 million euros, the total bids amounted to 906 million euros and the settlement date is Wednesday, July 24, 2024.

The auction was held in a positive atmosphere, following the upgrade of the outlook for the Greek economy by the rating agency Scope, with prices of most securities strengthening and their yields moving down.