Public Debt Management Agency Delays Plans for Green Bond
The Public Debt Management Agency (PDMA) has decided to postpone its plans for a ‘green bond’ until next year. This decision was made in order to prioritize the auction for the re-opening of the Greek government bond.
Auction Details
On Wednesday, the auction for the re-opening of the Greek government bond will open in book entry form. The bond is set to mature on March 12, 2029, with an interest rate of 3.875%. The PDMA aims to satisfy investors’ demand and facilitate the operation of the secondary market with this move.
Amount and Settlement Date
The amount to be auctioned is up to 250 million euros, with the settlement date scheduled for July 24. Investors and market participants are encouraged to stay tuned for further updates regarding this auction.
