There is a high demand for the release of the new one 15-year bond with the offers to exceed 11 billion euros

The initial interest rate was close to 4.5% before retreating to close to 4.45%.

The Greek State goes to the markets, for the first time after the national elections in June, by auctioning the new 15-year bond. The climate in the Greek bond market remains positive, however throughout 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.