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

11 Apr, 2018

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

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