ECONOMY

Greece sells 1.625 bln euros of 3-month T-bills

Greece sold 1.625 billion euros of six-month treasury bills on Tuesday to roll over maturity debt, the Public Debt Management Agency (PDMA) said.

The T-bills were priced to yield 4.2 percent, unchanged from a previous May auction. The sale’s bid-cover ratio was 1.70, down from 1.71 in the previous auction.

The amount raised included 375 million euros in non-competitive bids. [Reuters]