ECONOMY

Greek T-bill issue raises 1 bln euros

greek-t-bill-issue-raises-1-bln-euros

The Public Debt Management Agency collected a total of 1 billion euros from the issue of 13-week treasury bills on Wednesday, including non-competitive bids confirmed on Thursday.

The issue secured a negative yield, amounting to -0.40%, equal to that of the previous such issue on August 4.

However, the coverage ratio was 1.77, compared to 1.39 in August.

The settlement date is Friday.