Markets

Greece rolls over 3-month T-bills, at steady 0.99pc yield

Published February 7, 2018 Updated February 7, 2018 11:37am

The debt agency sold the new paper at a yield of 0.99 percent. The amount raised included 263 million euros in non-competitive bids.

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

The sale's bid-to-cover ratio was 1.55, down from 3.44 in the previous auction. Settlement date is Feb. 12.

 

Copyright Reuters, 2018