Greece Reopens 5-Year Government Bond

Greece raises 1.8 billion euros of the reopening of a 4.10 percent five year government bond. The auction was oversubscribed 3.44 times (out of total in bids 5.145 billion) the weighted average yield was placed at 4.24 percent, up from

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Greece raises 1.8 billion euros of the reopening of a 4.10 percent five-year government bond.

The auction was oversubscribed 3.44 times (out of total in bids 5.145 billion); the weighted average yield was placed at 4.24 percent, up from 4.41 percent in a Feb. 27 auction.

The auction was realised through the Primary Dealers and the settlement date is Friday.

After yesterday’s succeeded auction, the total Outstanding Central Government Debt reached the amount of 1.5 billion.

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