Greek State to Auction 26W T-bills Next Wed.
The Greek state aims to raise 500 million euros, according to the Public Debt Management Agency (PDMA)
The Greek state aims to raise 500 million euros, according to the Public Debt Management Agency (PDMA)
Amount sought is 625 million euros
Athens reportedly aims to take advantage of the country's recently restored investment grade rating
Submitted bids exceeded one billion euros
Τhe first such debt product in three years
The election was the latest hurdle for the investment tier, the article noted
The purpose of the reissuance is to satisfy investment demand and to operate the secondary bond market
The bond features a 4.250-percent coupon, and priced at 99.782, with the yield easing to 4.279 percent, according to book-running sources
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