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Jun 05, 2020 PRINT EDITION
Markets

Greece to auction 625mn euros of three-month T-bills on August 7

ATHENS: Greece will sell 625 million euros of three-month treasury bills on August 7 to refinance maturing debt, its deb

August 02, 2019

ATHENS: Greece will sell 625 million euros of three-month treasury bills on August 7 to refinance maturing debt, its debt agency PDMA said on Friday.

The agency rolled over three-month T-bills in July with the paper priced to yield 0.23%.

The settlement date of the new T-bills will be August 9. Only primary dealers will be allowed to participate and no commission will be paid.

Primary dealers can submit non-competitive bids for up to an additional 30 percent of the auctioned amount until August 8, PDMA said.

Copyright Reuters, 2019