ODDIH: Greece draws 1.3 billion euros from three-month T-bills

The public debt management agency (ODDIH) has announced that Greece has drawn 1.3 billion euros from issuing of…

The public debt management agency (ODDIH) has announced that Greece has drawn 1.3 billion euros from issuing of three-month treasury bills, in order to refinance an older issue.

According to the announcement, the weighted average interest rate remained stable at 2.70% (as with the previous two auctions), while the bid-cover ratio also remained stable at 1.30.

The sum drawn also includes 300 million euros from non-competitive offers. It was also announced that Friday, the 19th of June, will be the final settlement date.

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