Greece Raises 200 Million Euros from Reissue of 10-Year Bond - The National Herald

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Economy

Greece Raises 200 Million Euros from Reissue of 10-Year Bond

November 14, 2022

By Athens News Agency

Bank of Greece. (Photo by Eurokinissi/ Yiannis Panagopoulos

Bank of Greece. (Photo by Eurokinissi/ Yiannis Panagopoulos)

ATHENS – Greece on Monday successfully auctioned the reopening of a 10-year bond issue raising 200 million euros from the market.

The re-issue attracted bids totaling 1.026 billion euros and the return of the bond was set at 4.44%, up from 3.67% in the previous auction in July. The 10-year benchmark bond is currently trading in the secondary market at a spread of 2.5% against the 10-year German Bund. The coupon of the bond issue which was launched in January 2022 was 1.75%.

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