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Bank of Greece Tenders

07/06/2000 - Press Releases

The Bank of Greece announces that on Wednesday 7 June 2000, it conducted the following two auctions for the provision of liquidity:

a) A regular fixed rate (8,75%) repo tender for 14-day funds, in which bids of 450 billion drachmas were accepted. Individual bids were satisfied pro rata on the basis of an allotment ratio of 51.10%.

b) A 14-day fixed rate swap tender (implied interest rate 8,75%) in which bids of 520 million USD were fully satisfied.

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