ODDIH: Three-month Treasury bills sold for 812 million euros

The public debt management agency ODDIH announced on Wednesday that Greece sold 812.5 million euros worth of...

The public debt management agency ODDIH announced on Wednesday that Greece sold 812.5 million euros worth of three-month treasury bills. It was also announced that the sale’s bid-cover ratio decreased to 1.78, from 1.93 in the last sale, which took place in December 2014.

According to ODDIH’s announcement, the bills were priced to yield 2.15%, 25 basis points more than the previous treasury bill sale in December.

In total 187.5 million euros were raised from non-competitive bills. The final settlement date for Wednesday’s sale is Friday, the 16th of January.

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