The Minister of National Economy and Finance, Kostis Hatzidakis, described the result of yesterday's issuance of Greek government bonds, a 10-year bond issue, with the pumping of 4 billion euros, as tangible proof of the international investment community's confidence in the Greek economy and the country's return to normality at a rapid pace. As he said, this amount covers 50% of its annual loan program, from the first half of 2025.

The statement of Mr. Hatzidakis in detail:

"With yesterday's issuance of 10-year Greek Government Bonds, the Greek Government has raised from the international capital markets the amount of 4 billion euros, thus covering 50% of its annual borrowing programme from the first fortnight of 2025.

Yesterday's issue took place at the same time as issues by other major debt issuers, amid great volatility in international markets, achieving record investor participation, with a book of bids exceeding €40 billion, the largest in the history of the ED.

Despite the highly volatile environment, throughout yesterday's issuance process, the credit risk spread of Greek bonds not only did not increase, as would be expected given the supply of new securities, but on the contrary decreased against those of other eurozone countries.

Strong demand and the high quality of the investors who participated led the spread of the new 10-year bond over its German counterpart to 99.1 basis points (bps), 20.2 bps lower than last year's 119.3 bps. 

The above is tangible evidence of the international investment community's confidence in the Greek economy and the country's rapid return to normality.

Kudos to the Hellenic Central Bank for its very successful handling of the situation".