Greek state to auction 1.6 bln eur of reissued 10-year bonds on July 10
Published July 6th, 2007
The Greek state plans to auction 1.6 bln eur of reissued 10-year bonds on Tuesday, July 10, Greece’s Public Debt Management Agency (PDMA) said.
The reissued 10-year bond has a fixed coupon of 4.3 pct and expires July 20, 2017.
Settlement date will be Friday, July 13, and retail investors can also participate in the auction and subscribe for amounts up to 15,000 eur.
The PDMA added that it has the right to accept an additional 20 pct of the auctioned amount in non-competitive bids by Thursday, July 9.
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