The bidding book for the new 10-year bond auction closed earlier on Tuesdasy. 
As announced by the Public Debt Management Agency, the Greek government hopes with this issue to eventually raise 4 billion euros at a lower interest rate than originally expected, namely with a margin of 102 basis points (1.02%) over the interbank market rate. Consequently, the fixed borrowing rate for the Greek state (coupon of the bond) is set at the level of 3.6 %.
The amount of bids submitted for the new 10-year bond was indicative of investors' high interest, exceeding 42.5 billion euros.
Earlier, the Greek government had instructed BofA Securities, Deutsche Bank, Goldman Sachs, Morgan Stanley, National Bank and Societe Generale to issue the 10-year bond.
It should be noted that the borrowing program for the whole of 2025 amounts to 8 billion euros.
Greece expects to make an early debt repayment of 5.29 billion euros, part of which is from treasury bills and official sector loans, within 2025.
Total borrowing needs for this year amount to around 15 billion euros, of which nearly 8 billion euros will be covered by the market.