Greek Finance Minister Kyriakos Pierrakakis highlighted unprecedented investor interest in Greece’s new 10-year government bond in a social media post, pointing to a landmark success for the country’s return to international markets.

As he noted, the issuance of the new 10-year bond by the Public Debt Management Agency (PDMA) “shattered multiple records.” Greece raised 4 billion euros at a yield of 3.47%, compared with 3.63% last year, at a time when European interest rates have risen by around 25 basis points.

“The demand was unprecedented,” the minister said, citing:
• 49.5 billion euros in bids
• Participation by 330 investors
This marked the largest order book ever recorded for a Greek bond issue.

According to Pierrakakis, the result offers “the most convincing answer to those who question the value of investment-grade status.” In practical terms, he added, it translates into lower borrowing costs for the state, businesses and citizens alike, and into “more growth, stability and hope.”

This Year’s Plan and Public Debt Outlook
Overall, Greece is expected to seek around 8 billion euros from the markets in 2026 to meet its basic financing needs. As a result, the latest market issuance covers roughly 50% of this year’s total borrowing programme. The strategy, designed by the PDMA, mirrors last year’s plan, under which approximately 7.6 billion euros was raised.

For this year, net borrowing is projected to reach 13 billion euros, up from about 8 billion euros in 2025, as total cash needs rise sharply to 30.1 billion euros. At the same time, according to the PDMA’s schedule for the first half of 2026, three reopenings of existing Greek government bonds are planned, set for 11 Feb., 15 April and 17 June.

These moves aim to ensure smooth debt servicing, against the backdrop of a steadily declining public debt ratio. Under the 2026 budget, public debt is expected to fall by 7.7 percentage points of GDP, to 138.2%, from 145.9% in 2025.