Greece sells six-month T-bills raising 1.1375 bln euros

17:05 5/3/2013 - Πηγή: Matrix24

Greece on Tuesday successfully auctioned a six-month Treasury bill issue raising 1.1375 billion euros from the market at a slightly lower cost. The Public Debt Management Organization, in a statement, said the yield on the 26-week treasury bills was set at 4.25 pct, slightly down from 4.27 pct in the previous auction of same bills in February 5, 2013. Bids submitted totaled 1.438 billion euros, 1.64 times more than the asked sum. The auction was made with the market’s primary dealers, while settlement date is Friday, 8 March. The organization will also accept non-competitive bids up to 30 pct of the asked sum by Thursday, 7 March.

Source: ΑΜΝΑ

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