Greece yields 1.625 billion euros from three-month bonds

The public debt management organization ODDIH declared Tuesday’s three-month Treasury bill issue to be a success, after Greece managed to yield 1.625 billion euros, after aiming for 1.25 billion euros.

Additionally, ODDIH announced that interest rate of the new 13-week treasury bills was 1.75%, from 1.80% in the previous three-month t-bill issue on June 17^th.

Finally, ODDIH explained the bid-cover ratio of the latest treasury bill sale was 2.35 (2.940 billion euros), down from the 2.99 ration (2.987 billion euros) in the previous sale in June.