Greece sold 812.5 million euros ($1.08 billion) of six-month treasury bills on Tuesday to roll over a maturing issue, the country’s debt agency PDMA said. The T-bills were priced to yield 2.02, down three basis points from 2.05 percent in a previous sale in July.
The sale’s bid-cover ratio was 3.03, up from 2.66 in the previous sale.
The settlement date for Tuesday’s auction will be August 8.
The amount raised included 187.5 million euros in non-competitive bids. [Reuters]