Greek treasury bills sold at slightly lower rate
Greece sold 1.138 billion euros of six-month treasury bills on Tuesday to roll over a previous issue that comes due on Friday, the Public Debt Management Agency (PDMA) said.
The T-bills were priced to yield 4.25 percent, two basis points below a previous February 5 auction.
The sale’s bid-cover ratio was 1.64, down from 1.68 in the previous auction.
The amount raised included 262.5 million euros in noncompetitive bids.
[Reuters]
