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Hellenic > Blog > Business > The interest rate of the six-month promissory notes of the Greek State has been reduced
Business

The interest rate of the six-month promissory notes of the Greek State has been reduced

Hellenic
Last updated: 2024/11/28 at 3:15 AM
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The interest rate of the six-month promissory notes of the Greek State has been reduced
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Total bids of €944 million were submitted, exceeding the asking amount by 1.89 times

At 2.46% the interest rate of its Interest Bonds was established Greek State six-month duration from 2.71% that had been formed in the previous corresponding auction.

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Total bids of €944 million were submitted, exceeding the asking amount by 1.89 timesRelated Tags

As announced by the Public Debt Management Organization (INSTRUCTIONS) an auction of 26-week interest-bearing promissory notes was held, amounting to 500 million Euros.

The yield stood at 2.46%. A total of 944 million Euros were submitted, which exceeded the asking amount by 1.89 times.

The auction was conducted through Primary Dealers, and the settlement date is Friday, November 29, 2024.

Offers were accepted up to the amount of the auctioned amount, as well as non-competitive offers of 100 million Euros.

Related Tags

ODDIX interest-bearing Greek government bonds

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TAGGED: Greek, Greek government, instructions, interest, interest-bearing promissory notes, notes, promissory, rate, Reduced, Sixmonth, State

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Hellenic November 28, 2024 November 28, 2024
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