Business & Finance

Greece sells 3-month T-bills, yield drops to 0.79pc

Published April 11, 2018 Updated April 11, 2018 12:53pm

The debt agency sold the new paper at a yield of 0.79 percent, down 26 basis points from 1.05 percent in a previous sale in March. The amount raised included 187.5 million euros in non-competitive bids.

The sale's bid-to-cover ratio was 2.81, up from 1.56 in the previous auction. Settlement date is April 13.

 

Copyright Reuters, 2018