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Bank of Greece Tenders

22/11/2000 - Press Releases

The Bank of Greece announces that on Wednesday 22 November 2000, it conducted the following two auctions for the provision of liquidity :

a) a regular fixed rate (7.00%) repo tender for 14-day funds, in which bids of 331.7 billion drachmas were fully satisfied.

b) a 14-day fixed rate swap tender (implied interest rate 7.00%) in which bids of a total amount of 3,047 million USD were submitted. Individual bids were satisfied pro rata on the basis of an allotment ratio of 54.38%, resulting in a liquidity injection of 670 billion GRD.

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