Greece to auction 1bn euros of 3-month T-bills on Sept. 7

Athens successfully rolled over three-month T-bills last month, with the paper priced to yield 2.7 percent.

In a rollover, T-bill holders renew their positions instead of getting paid on the maturing paper they hold.

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