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.
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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