Markets
Greece sells 3-month T-bills at lower 0.67pc yield
ATHENS: Greece sold 813 million euros ($932.19 million) of three-month treasury bills to refinance a maturing issue,
ATHENS: Greece sold 813 million euros ($932.19 million) of three-month treasury bills to refinance a maturing issue, the country's debt agency PDMA said on Wednesday.
The debt agency sold the new paper at a yield of 0.67 percent, down four basis points from 0.71 percent in a previous sale in November. The amount raised included 187.5 million euros in non-competitive bids.
The sale's bid-to-cover ratio was 1.83, down from 1.87 in the previous auction. Settlement date is January 11.
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