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Greece to issue T-bills around 1.25bn

ATHENS : Greece will auction 1.25 billion euros ($1.76 billion) of 13-week T-bills on July 19, continuing its plan of
Published July 15, 2011 Updated July 15, 2011 12:04pm

notesATHENS: Greece will auction 1.25 billion euros ($1.76 billion) of 13-week T-bills on July 19, continuing its plan of monthly short-term debt sales, the country's debt agency (PDMA) said on Friday.

PDMA needs to roll over 2.0 billion euros of three-month paper maturing on July 22.

The settlement date will be July 22. Only primary dealers will be allowed to participate and no commission will be paid.

Copyright Reuters, 2011

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