ODDIH announces sale of 1.138 billion euros of 6-month treasury bills

According to the announcement made by public debt management organization ODDIH, Greece has managed to sell 1.14 billion…

According to the announcement made by public debt management organization ODDIH, Greece has managed to sell 1.138 billion euros of six-month treasury bills, which includes 262.5 million euros in non-competitive bids.

As explained in the debt management organization’s announcement, the treasury bills worth 875 million euros were priced to yield 2%, down from 2.02% in the previous sale in August.

As such, the bid-cover ratio of the sale was 2.5, down from 3.03 in the previous treasury bill sale. The settlement date for the latest auction will be Friday, the 5th of September.

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