The public debt management agency ODDIH announced the result of auction of three-month treasury bills, which generated 1.138 billion euros for the Greek state.
According to the statement, during the auction of 875 million euros worth of three-month Treasury bills conducted on Wednesday, the total bids reached 1.138 billion euros and the amount finally accepted was 1.137 billion euros.
Furthermore, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until noon on Thursday the 13th August. The final settlement date is Friday, 14th of August.
Auction results
| 3-month Treasury bills | August 12, 2015 (amounts in million euros) | July 15, 2015 (amounts in million euros) |
| 1.-Amount Auctioned | 875 | 625 |
| 2.-Total amount offered | 1,138 | 813 |
| 3.-Coverage ratio | 1.30 | 1.30 |
| 4.-Amount Accepted | 1,137.5 | 812.5 |
| 5.- Uniform yield | 2.70% | 2.70% |
| 6.- Cut-off price | 99.322 | 99.322 |
| 7.- Cut – off ratio | 100% | 100% |
