Inventory notes: The interest rate was reduced to 3.75% at the DIDE auction

The interest rate of the quarters of the Greek State was reduced to 3.75% in its auction, from 3.83% in the January auction. In particular, as the DDIX announced, at the 13-week interest rate auction, the yield of the bonds was 625m euros. Total bids of EUR 996 million were submitted, which exceeded the amount requested by 1.59 times. The State will raise 812.5m euros. The auction took place through the Primary Dealers, and the settlement date is Friday, April 5, 2024. Tenders were accepted up to the amount of the auctioned amount and non-competitive tenders amounting to EUR 187.5 million. Additional non-competitive tenders will not be accepted on Thursday 4 April 2024. Source: RES – ICM