ECONOMY

Yield on auctioned Greek T-bills rises to 3.2%

Yield on auctioned Greek T-bills rises to 3.2%

The Public Debt Management Agency announced on Wednesday it auctioned 13-week treasury bills and raised 812.5 million euros, reaching up to €1 billion with the inclusion of non-competitive bids on Thursday.

Bids totaled €1.279 billion and the coverage ration was 2.05.

The uniform yield reached 3.20%, up from 3.04% in the previous such auction on April 5.

The issue matures on August 4 and the settlement date is this Friday. 

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