Greece raises 1.92 bln eur in reissued 5-yr bond auction
Published May 29th, 2007
Greece has accepted 1.92 bln eur out of a total of 6.38 bln eur in bids for its reissued five-year bond auction, the Greek Public Debt Management Agency said.
The five-year bonds have a fixed coupon of 4.1 pct and expire on August 20, 2012.
The weighted average yield came in at 4.41 pct, and the weighted average price was 98.513, the PDMA added.
The settlement date will be on June 1, but primary dealers can submit non-competitive bids for up to 20 pct of the initially planned auction of 1.6 bln eur until 12.00 pm on Thursday.
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