Thanks to strong demand, the Greek government on Wednesday raised €3 billion through the reopening of its 10-year bond at an interest rate slightly lower than initially planned, thereby covering approximately 95% of its borrowing program for 2026.
Demand for the 10-year bond reached €36 billion, according to the official announcement by the Public Debt Management Agency.
As a result, the bond was priced at just 0.68 percentage points above the mid-swap rate, corresponding to a yield of approximately 3.75%.
Initial guidance had indicated a spread of 0.71 percentage points above the mid-swap rate, implying a yield of about 3.83%.
