public debt management agency

Greece's Public Debt Management Agency (PDMA) will auction 13-week treasury bills on Wednesday to the value of 375 million euros.
The maturity date for these T-bills will be July 10 and the settlement date will be this Friday.

Greece will carry out fewer bond issues in 2020, Citigroup has predicted, pointing to the market unrest generated by the new coronavirus, though the US group considers a credit-positive development that Greek bonds have been included in the European Central Bank's extraordinary bond-buying program.

Greece successfully auctioned 26-week treasury bills on Wednesday despite the downbeat mood in international markets.
The Public Debt Management Agency announced it secured the same rate, a negative 0.05 percent, for the T-bills sold as in the previous similar auction on January 29.

Greece's Public Debt Management Agency (PDMA) announced on Friday that on Wednesday, February 26, it is planning to issue new 26-week treasury bills maturing on August 28, 2020.
The PDMA intends to draw the amount of 625 million euros.
The settlement date will be next Friday.

Greece extended its streak of treasury bill auctions to have resulted in negative rates on Wednesday, when a 26-week T-bill issue secured a rate of -0.05 percent, against zero in the previous auction of this maturity, the Public Debt Management Agency (PDMA) announced.

Analysts see multiple benefits for the Greek economy, banks and enterprises from the 15-year bond issue, on Tuesday besides the low interest rate and the strong demand recorded, as there was no pressing need for the country to obtain fresh funding; rather, it needed to send a meaningful signal to the investment community.

Greece's Public Debt Management Agency (PDMA) is expected to raise between 4 and 8 billion euros in 2020, the agency said in a report released Tuesday, adding it will maintain the current level of cash reserves.

PDMA said state funding for next year will focus on the continuous presence in the international debt markets, accompanied by the reduction in debt stock.

As long expected, Greece will pay off early its high-interest loans from the IMF.

The date that has been set is 25 November and the amount is 2.8bn euros.

Μάνδρα : Συγκλονίζουν οι μαρτυρίες των κατοίκων, δύο χρόνια μετά

The move was approved by the Board of the ESM and the Governing Board of the IMF.

Maintaining the cash buffer is among the key priorities of the Public Debt Management Agency (PDMA). This safety cushion now comes to 31 billion euros, half of which originated from the European Stability Mechanism's last bailout tranche, while the rest concerns domestic savings and cash held by state entities.

The cost of borrowing for the Greek state is now at a historic low of 1.5 percent, as Tuesday's reopening of last March's 10-year bond issue is tangible evidence of the return of investor interest to Greece and the improved prospects of the Greek economy.