According to the initial guidance, the coupon of the issuance is set at 107 basis points over the Mid-Swap (2.58%), which equals approximately 3.65%.
The Public Debt Management Agency (ΟΔΔΗΧ) has instructed BofA, Deutsche Bank, Goldman Sachs, Morgan Stanley, National Bank, and Societe Generale to carry out the issuance.
Greece's funding program for 2025 anticipates borrowing lower than last year's, which is expected to reach 8 billion euros. Approximately 6 billion euros are expected to be secured through new bond issuances, while the remaining 2 billion euros will come from the reissuance of existing bonds.
A significant portion of the amount Greece borrows is expected to be directed towards early debt repayments of 5 billion euros within 2025.
