Bank of Greece Tenders
25/10/2000 - Press Releases
The Bank of Greece announces that on Wednesday 25 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 374.5 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 1,480 million USD were submitted. Individual bids were
satisfied pro rata on the basis of an allotment ratio of 78.67%, resulting in a liquidity
injection of 475.5 billion GRD.