Greece sells six-month T-bills at higher 0.90pc yield

ATHENS: Greece sold 1.625 billion euros ($1.84 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 0.90 percent, up five basis points from 0.85 percent in a previous sale in October. The amount raised included 375 million euros in non-competitive bids.

The sale's bid-to-cover ratio was 1.33, up from 1.31 in the previous auction.

The settlement date of the new bills is December 7.