Greece on Wednesday successfully auctioned the reopening of a five-year bond at a significantly lower cost.
The Public Debt Management Authority auction attracted bids of 1.086 billion euros, significantly up from the asked sum of 250 million euros, and the yield of the issue was set at 2.72%.
The reopening of the Greek state bond has a fixed interest rate of 3.875% with a maturity date of June 15, 2028.
SOURCE; ANA-MPA
