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GreeceBusinessGreek 5-year bond reopening 2.5 times oversubscribed

Greek 5-year bond reopening 2.5 times oversubscribed

Hellenic News of America
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A return by the Greek state to international capital markets was met with strong investment interest, as the reopening of a 5-year bond was almost 2.5 times oversubscribed on Tuesday.

The Public Debt Management Authority, in an announcement, said that offers exceeded 1.865 billion euros and the Greek state finally accepted offers worth 975 million euros, up from the initial target of 750 million. The bond price was set at 99.30 basis points.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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