Greece Sells EUR1.2B Of 2.75% Bond Due 2006; Yld 2.72%
Greece Sells EUR1.2B Of 2.75% Bond Due 2006; Yld 2.72%
23/9/2003 15:25
Greece sold EUR1.2 billion in the reopening of the 2.75% issue due June 2006, the public debt management agency said Tuesday.

The auction generated a weighted average yield of 2.72%, priced at 100.061. The cut-off price was 100.040.

The auction was well bid, with offers of EUR5.205 billion giving a bid-to-cover ratio of 5.21 on the initially offered amount of EUR1 billion.

Settlement will take place Sept. 26.

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