Markets

Greece to issue T-bills to repay Aug. 20 bond

Published August 7, 2012 Updated August 7, 2012 12:42pm

"There will be an announcement on Friday on the amount and details," the official told Reuters.

A 3.2 billion euro government bond, held by the European Central Bank, comes due on Aug. 20.

The additional sale of short-term debt will come on top of a three-month T-bill auction next week to refund a previous 1.6 billion euro issue.

Copyright Reuters, 2012