Greece Sells 1.3 Bln Euros of 3-month T-bills, Yield Falls

Greece Sells 1.3 Bln Euros of 3-month T-bills, Yield Falls

Greece sold 1.3 billion euro ($1.77 billion) in three-month treasury bills on Tuesday as yields eased, Reuters reported, quoting the country's debt agency PDMA.

The T-bills were priced to yield 3.60%, down from 3.75% in a January auction.

The sale's bid-cover ratio was 2.38, up from 2.05 in the previous sale.

The amount raised included 300 million euro in non-competitive bids. The settlement date for Tuesday's auction will be February 14.

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