Greece sells 1.625 bln euros of 3-month T-bills, yield steady

Greece sold 1.625 billion euros ($2.12 billion) of three-month T-bills on Tuesday to roll over a maturing issue, the country’s debt agency (PDMA) said.

The T-bills were priced to yield 4.02 percent, unchanged from a previous June auction. The sale’s bid-cover ratio was 1.70, down from 1.72 in the previous sale.

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

Monthly T-bill sales are Greece’s sole remaining source of market funding.


Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.