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%.