Markets
Greece sells 6-month T-bills, yield drops to -0.1pc
- The debt agency sold the new paper at a yield of -0.1pc, down from 0.00pc in a previous sale last month.
ATHENS: Greece sold 487.5 million euros ($571.16 million) of six-month treasury bills, the country's debt agency PDMA said on Wednesday.
The debt agency sold the new paper at a yield of -0.1pc, down from 0.00pc in a previous sale last month.
The amount raised included 112.5 million euros in non-competitive bids.
The sale's bid-to-cover ratio was 3.5, up from 1.57 in the previous auction. Settlement date is October 2.
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