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GreeceBusinessGreek auctions reopening of five year bond, with yield at 2.72%

Greek auctions reopening of five year bond, with yield at 2.72%

Hellenic News of America
Hellenic News of Americahttps://www.hellenicnews.com
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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

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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