In the new syndicate version of 15-year bonds, which unexpectedly will be completed tomorrow, is the focus of market interest. The Greek State is going to go to the markets tomorrow, for the first time since the national elections in June, by auctioning the new 15-year bond. Market sentiment remains positive, however across the eurozone bond yields are moving upwards.

At the same time, in an effort to balance the so-called bond yield curve, the Public Debt Management Organization will proceed with the repurchase of two Greek government securities. This is the bond with an interest rate of 3.45% maturing in 2024 for a total amount of 2.5 billion euros and a bond with an interest rate of 3.375% maturing in 2025 for a total amount of 3 billion euros.

The venture will be undertaken by BNP Paribas, BofA Securities, Deutsche Bank, Goldman Sachs, JP Morgan and National Bank. In its announcement, ODDIX announces that it offers a repurchase price of 100.150 for the two securities.

It is noted that as already announced by Prime Minister Kyriakos Mitsotakis himself, the State will proceed with the early repayment of almost 5.5 billion euros from the first loan package of the Memorandum.

In the secondary bond market today, and more specifically in the Electronic Transaction System (HDAT) of the Bank of Greece, transactions of 226 million euros were recorded, of which 116 million euros related to purchase orders.

The yield on the Greek 10-year bond stood at 4.04% from 4.1% on Friday versus 2.63% on the German counterpart, widening the spread to 1.41% from 1.4%.

In the foreign exchange market, the euro moves upwards against the dollar, with the result that in the afternoon the European currency trades at 1.0978 dollars from the level of 1.0965 dollars that opened the market.