Public Debt Management Agency

Greece plans early repayment of loans

Greece is "getting rid" of expensive debt, laying the groundwork for the early repayment of part of the bilateral loans from the first Memorandum of 2010 (2.7 billion euros per year) and the further repayment of IMF loans (1.9 billion euros). The signal was officially sent by the Minister of Finance Christos Staikouras and according to information, these moves will start in the near future.

Three-month T-bill issue posts record low interest rate

The Public Debt Management Agency (PDMA) announced on Tuesday it had auctioned 13-week treasury bills at a record-low interest rate.

PDMA raised 812.5 million euros, against an original plan for €625 million, as the issue was almost twice oversubscribed (the coverage ratio reached 1.95) and the interest rate secured came to minus 0.32%.