On February 18, 2026, Greece held an auction for 26-week bonds where a total of 400 million euros were offered. The yield settled at 1.84%, maintaining a stable rate similar to that of the previous auction, which was at 1.85%. The auction, conducted by the Public Debt Management Agency (PDMA), saw total bids of 881 million euros, indicating a substantial oversubscription by 2.2 times the amount sought.

The auction process utilized Primary Dealers and set the settlement date for the raised funds on February 20, 2026. In total, 500 million euros were successfully raised, including competitive bids up to the offered amount of 400 million euros and additional non-competitive bids of 100 million euros. This indicates a healthy appetite for government debt instruments, reflecting investor confidence despite global market uncertainties.

The PDMA stressed that no supplementary non-competitive bids would be accepted the following day, February 19, 2026, and highlighted that no commission fees were incurred during the auction. This auction could have implications for Greece's fiscal strategy and reflects ongoing trends in government finance related to bond yields and investor sentiment in the European market.