The Hellenic Public Debt Management Agency (PDMA) has announced the reissue of a 10-year bond through an auction set to occur on February 11, 2026. This bond, with a fixed interest rate of 3.375%, will mature on June 16, 2036, and is designed to meet investor demand while also facilitating the operational efficiency of the secondary bond market. The reissued bonds will be offered in book-entry form, identified by ISIN GR0124042764.

The total amount aimed for in the auction is up to 300 million euros. The settlement date for the auction is scheduled for February 18, 2026, which follows a T+5 timeline. Only Primary Dealers will participate in the auction, adhering to the operational regulations effective since January 1, 2026. Each dealer can submit up to five competitive bids, which must be placed by 12:00 p.m. local time. This move is expected to create a more active trading environment for Greek government bonds.

This auction reflects Greece's ongoing efforts to manage its public debt effectively while responding to market conditions and investor appetite. By reissuing this bond, the PDMA aims not only to raise funds but also to enhance liquidity in the existing bond market, thereby promoting investor confidence in government securities. These actions are significant for the broader economic context in Greece, as managing national debt remains pivotal for the country's financial stability and growth prospects.