Investment interest was observed in Auction of 10 -year bonds of the Greek State, as the Investor bids approached 1 billion euros.

As announced recently by the Public Debt Management Organization (ROAD) at the 10 -year bond auction (3,625%, expiration of June 15 2035) of 250 million euros bids were submitted 941 million euros, resulting in the auctioned amount be covered 3.76 times. The bond’s performance It was 3.26%.

Today’s auction further reinforces Greek State Cashings Available EUR 42 billion (41.9 billion euros) at the end of June. Indeed, according to official data from the Public Debt Management Organization, the Greek State’s liquids have increased by around € 2 billion in late March (€ 40.1 billion). It is recalled that only by the purchase of bonds TThe Greek State (has raised about 8 billion euros And more than 2 billion euros has been borrowed from the European Investment Bank (EIB).

This auction is part of the program announced by the ODI, which is part of the Greek State’s publishing activity for the year 2025, which aims to improve the operation of the secondary market of Greek government bonds.

Indeed, according to estimates, the ODIX, these significant cash available cover about 3 years of the Gross Financial Needs of the Hellenic Republic and continue to provide significant security reserves against any risk of refinance and interest rates in the medium term.

This high stock combined with the “attractive profile” of Greece’s public debt to investors largely reflect the durability of Greek bonds in the secondary market, despite pressure on larger eurozone markets and especially in France.

It is indicative that the Greek State’s gross financial needs for this year (2025) are limited to 5.8% of the country’s GDP compared to 10.3% which is the average in the eurozone. In Italy this figure rises to 25.6% and 16.3% in Spain.

The above is reflected in the low margin of Greek 10 -year bonds against the corresponding Germans, which ranges from 0.64% at the same time that the margin of French has reached 0.79% and Italian securities. 3.48% of French with 3.49%.

After all, it is expected to re -evaluate the debtor of the Greek economy by the Moody’s Evaluation House at the end of this week (Friday September 19th). It is recalled that this rating house has ranked Greece in the BAA3 level, keeping the prospect of the Greek economy steady.