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Business & Finance

Greece to auction 625mn euros of 6-month T-bills on Feb 24

  • The agency last sold six-month T-bills in late January, when the paper was priced to yield -0.28%.
  • The settlement date of the new T-bills will be Feb. 26. Only primary dealers will be allowed to participate and no commission will be paid.
Published February 19, 2021

ATHENS: Greece will sell 625 million euros ($758.50 million) of six-month treasury bills on Feb. 24 to refinance maturing debt, its debt agency, PDMA, said on Friday.

The agency last sold six-month T-bills in late January, when the paper was priced to yield -0.28%.

The settlement date of the new T-bills will be Feb. 26. Only primary dealers will be allowed to participate and no commission will be paid.

Primary dealers can submit non-competitive bids for up to an additional 30% of the auctioned amount until Feb. 25, PDMA said.

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