ECONOMY

New T-bill auction on Wednesday

new-t-bill-auction-on-wednesday

The Public Debt Management Agency (PDMA) will hold a 13-week treasury bill auction on Wednesday, aiming to raise 625 million euros. 

The T-bills will mature on February 5, 2021 and the settlement date will be Friday.

In the previous such auction on October 7 the PDMA had secured a negative interest rate of 0.16%.