Greece draws 812.5 million euros from 6-month Treasury bill sale

The public debt management agency ODDIH announced that it sold 812.5 million euros worth of six-month Treasury bills to roll…

The public debt management agency ODDIH announced that it sold 812.5 million euros worth of six-month Treasury bills to roll over a maturing issue.

According to the statement, the treasury bills were priced to yield 2.75%, which is 45 base points above the previous sale which took place in January. The sale’s bid-cover ratio also dropped from 1.58 in January to 1.30.

Overall, 187.5 million euros were raised in non-competitive bids, while Friday has been announced as the settlement date for today’s treasury bill auction.

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