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Markets

Greece sells six-month T-bills at steady 0.85pc yield

Published Updated

ATHENS: Greece sold 1.138 billion euros ($1.32 billion) of six-month T-bills on Wednesday to refinance a maturing issue, the country's debt agency PDMA said.

The agency rolled over the T-bills at a yield of 0.85 percent, unchanged from a previous sale in August. The amount raised included 262.5 million euros in non-competitive bids.

The sale's bid-to-cover ratio was 1.31, down from 1.37 in the previous auction.

The settlement date of the new bills is October 5.

Copyright Reuters, 2018
 

 

 

 

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