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Bank of Greece Tenders

11/10/2000 - Press Releases


The Bank of Greece announces that on Wednesday 11 October 2000, it conducted the following two auctions for the provision of liquidity :

a) a regular fixed rate (7.50%) repo tender for 14-day funds, in which bids of 518.5 billion drachmas were fully satisfied.

b) a 14-day fixed rate swap tender (implied interest rate 7.50%) in which bids of a total amount of 1,240 million USD (equivalent of 482.3 billion GRD) were accepted. Individual bids were satisfied pro rata on the basis of an allotment ratio of 57.70%.

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