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