Hellenic Telecommunications Organization SA (ASE: HTO, NYSE: OTE), the Greek full-service telecommunications provider, today announced that OTE PLC, its wholly-owned subsidiary, launched a Euro 1.25 billion, 5% coupon, 10 year benchmark eurobond at an issue price of 99.327%. The issue was priced at 93 bps over midswaps, settles on August 5, 2003 and will mature on August 5, 2013.