Bond

One day after raising 4 billion euros on the bond market with the issue of a 10-year bond, the Public Debt Management Agency drew €812.5 million on Wednesday through the auction of 13-week treasury bills.

The new 10-year bond issued on Tuesday by the Greek state made history, as it achieved three parallel records.

Greece attracted record demand on Tuesday for its first new bond since regaining investment grade.

It raised 4 billion euros from the 10-year bond with investor orders exceeding 35 billion euros.

The Greek state is proceeding with the issue of a new 10-year bond and has hired six banks to lead the the deal, according to an Athens Stock Exchange announcement on Monday.

National Bank is one step closer to the final goal of achieving a capital ratio of 27.79% based on the minimum requirements for equity and eligible liabilities, known as MREL, after Monday's issuance of the senior preferred bond amounting to 600 million euros.

Shortly before the country was forced to sign its first bailout agreement in 2010 there were proposals for the utilization of the state's real estate by issuing a bond guaranteeing the approximately 72,000 properties managed by the Hellenic Public Properties Company (ETAD) to finance the debt, with talk about the possibility of raising 50 billion euros.

Pimco has been wading into Türkiye's bond market, betting that President Recep Tayyip Erdoğan's commitment to a sweeping economic overhaul has set the country on a path to regaining its investment grade credit rating, the Financial Times has reported.

BELGRADE - The Serbian Public Debt Administration on Thursday announced it had sold eight-year dinar-denominated government bonds at an auction for 63.15 bln dinars.

In a statement, the Administration said an issue of eight-year Serbian government bonds, maturing on October 26, 2031 and first issued on October 24, 2023, had been reopened earlier in the day.

Greece on Wednesday successfully auctioned the reopening of a five-year bond at a significantly lower cost.

The Public Debt Management Authority (PDMA) auction attracted bids of 1.086 billion euros, significantly higher than the requested sum of €250 million, and the yield of the issue was set at 2.72%.

Major investment firms kicked off the new year with a barrage of positive recommendations for Greek bonds ahead of the country's first market foray for 2024, expected soon, as well as the start of bond reissues planned by the Public Debt Management Agency.