Greece yields 812.5 million euros from six-month treasury bills

The public debt management organization ODDIH announced today that Greece sold about 812.5 million euros worth of...

Greece yields 812.5 million euros from six-month treasury bills

The public debt management organization ODDIH announced today that Greece sold about 812.5 million euros worth of six-month treasury bills on Tuesday.

Compared to the previous sale in July, the treasure bills were priced to yield 2.02%, down from 2.05%, while the bid-cover ratio increased from 2.66 to 3.03.

The auction took place via the Primary Dealers market, with the final settlement date being Friday the 8th of August. Greece also managed to yield 187.5 million euros in non-competitive bids.

According to the regulations of the Primary Dealers market additional non-competitive offers up to 30% of the sum to be auctioned can be submitted until noon on Thursday, the 7th of August.

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