The amount of €812.5 million was raised by the Greek government from the six-month interest auction, with the yield rising to 0.80% from 0.45% in the previous auction.
In particular, and according to the data of ODDIX, an auction of interest-bearing promissory notes with a duration of 26 weeks was carried out, amounting to 625 million Euros.
A total of 1,034 million Euros were submitted, which exceeded the requested amount by 1.65 times.
The auction was conducted through Primary Dealers, and the settlement date is Friday, July 29, 2022.
Offers were accepted up to the amount of the auctioned amount, as well as non-competitive offers of €187.5 million.
According to the Rules of Operation of the Main Market Dealers, additional non-competitive offers of 30% of the auctioned amount may be submitted until Thursday, July 28, 2022, at 12pm.
It is noted that no commission is paid during the auctions.
Source: Capital
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