ODDIH: State draws 1.625bn euros from six-month Treasury bills

The public debt management agency (ODDIH) has announced that the Greek state has drawn 1.625 billion euros from issuing of...

The public debt management agency (ODDIH) has announced that the Greek state has drawn 1.625 billion euros from issuing of six-month Treasury bills.

Initially the amount auctioned was for 1.250 billion euros, however the total offers raised the amount to 1.625 billion euros, with a bid-cover ratio of 1.3 and a uniform yield of 2.97%

The auction was carried out via the primary dealers and Friday, 10th of July has been set as the final settlement date. Non-competitive offers up to 30% of the auction amount may be submitted by noon on Thursday, 9th of July.

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