The Greek government is set to return to the markets on Wednesday, April 16, 2025, with a re-issuance of a 10-year bond worth up to €200 million, the country’s Public Debt Management Agency (PDMA) announced.

The 3.875% fixed-interest-rate bond matures on March 12, 2029, and will be issued in dematerialized form. According to PDMA, the goal of the re-issuance is to meet investor demand and to enhance liquidity in the secondary bond market.

The auction is open exclusively to primary dealers, who may submit up to five competitive bids each through the electronic trading platform HDAT. All offers must be submitted by 12:00 noon (local time) on Wednesday, April 16. Only competitive bids will be accepted, and awards will be made at the cut-off price—the highest price accepted during the auction.

No commission will be paid on the Greek bond, and the auction will count toward the performance evaluation of Primary Dealers. The settlement date is set for Friday, April 25, 2025 (T+5).

Meanwhile, the Bank of Greece (BoG) projects that the country’s economy will expand by 2.3% in 2025. In its latest Note on the Greek Economy, the central bank states that growth is expected to gradually converge with the euro area’s potential growth rate.

According to the report, the Greek economy will be supported primarily by private consumption and investment, bolstered by available European Union funds. Inflation is also expected to decelerate further in 2025.

Ακολουθήστε τον ot.grστο Google News και μάθετε πρώτοι όλες τις ειδήσεις
Δείτε όλες τις τελευταίες Ειδήσεις από την Ελλάδα και τον Κόσμο, στον ot.gr

Latest News

Πρόσφατα Άρθρα English Edition