Greece raised EUR1.32 billion via the reopening of its 4.60% bond issue due May 2013, the public debt-management agency said Tuesday.
The auction produced a weighted average yield of 4.41% and it was priced at 101.384. The cut-off price stood at 101.330.
Total bids amounted to EUR4.235 billion, setting the bid-to-cover ratio at 3.85 on the initially offered amount of EUR1.1 billion.
Settlement will take place Nov. 21.
The government may accept additional non-compettive bids of up to 20% of the auctioned amount until Thursday.
The auction produced a weighted average yield of 4.41% and it was priced at 101.384. The cut-off price stood at 101.330.
Total bids amounted to EUR4.235 billion, setting the bid-to-cover ratio at 3.85 on the initially offered amount of EUR1.1 billion.
Settlement will take place Nov. 21.
The government may accept additional non-compettive bids of up to 20% of the auctioned amount until Thursday.