Greece Sells 1.3 Bln Euro of 6-month T-bills, Yield Falls
Wednesday, 09 October 2013
Greece sold 1.3 billion euros ($ billion) of six-month treasury bills on Tuesday to roll over a maturing issue, Reuters reported, quoting the country's debt agency PDMA.
The T-bills were priced to yield 4.15%, slightly down from 4.20% in a September auction. The sale's bid-cover ratio was 2.04, up from 1.89 in the previous sale.
The amount raised included 300 million euro in non-competitive bids. The settlement date for Tuesday's auction will be October 11.