Today’s auction of 10-year and 15-year bonds held by the Public Debt Management Organization (ODDIX) attracted great investment interest.

The Greek State raised 400 million euros while the offers reached 2.187 billion euros.

Of particular note is the fact that in the case of the 10-year bond, despite the rise in interest rates, its yield was at a lower level (3.98%) than the bond’s coupon (4.25%) reached on 1/24/2023 when it was issued for first time the specific bond.

The yield on the 15-year bond stood at 4.14%.

With today’s edition, the amount that the Greek State has drawn from the markets since the beginning of the year reaches 6.7 billion euros, very close to the indicative target (7 billion euros) set for this year. It is recalled that in 2022 the State raised approximately 8.3 billion euros from the markets.

Today’s exit to the markets and its positive results, even though the country is only four days before the National Elections, demonstrates that the positive climate prevailing in the market remains undisturbed.

In fact, yesterday the margin of the Greek ten-year bond against the corresponding German bond fell to the lowest level (1.65%) of the last twelve months.