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Athens News Agency: News in English, 09-07-24
CONTENTS
[01] Greek bond market closing report
[02] Geniki Bank completes 175-mln-euro share capital increase
[01] Greek bond market closing report
Turnover in the Greek electronic secondary bond market shrank to 750
million euros on Friday with the yield spread between the 10-year Greek
and German benchmark bonds at 138 basis points. The Greek bond yielded
4.86 pct and the German Bund 3.48 pct.
In interbank markets, interest rates were largely unchanged. The
12-month Euribor rate was 1.37 pct, the six-month rate 1.17 pct, the
three-month rate 0.92 pct and the one-month rate 0.55 pct.
[02] Geniki Bank completes 175-mln-euro share capital increase
Geniki Bank on Friday announced the successful completion of a share
capital increase plan worth 175,724,341 euros through a rights issue.
Under the plan, the bank issued 244,061,585 new common, nominal shares
of a nominal value of 0.72 euros each and at an offering price of 0.72
euros, which were exchanged at a ratio of 2.2 new shares for one
existing share.
Geniki Bank said existing shareholders bought 229,114,642 new shares
worth 164,962,542 euros, while another 5,859,053 shares worth 9,087,890
euros were distributed to Societe Generale.
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