Greece draws 1.3 billion euros from three-month T-bill auction

The public debt management agency ODDIH has announced that during the auction of one billion euros worth of three-month…

The public debt management agency ODDIH has announced that during the auction of one billion euros worth of three-month T-Bills conducted today, the total bids reached and amount finally accepted was1.3 billion euros.

On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until noon on Thursday, the 10th of September 2015, while the settlement date is September 11, 2015.

The results of the auction are as follows:

13W T – BILLS

September 9, 2015

(amounts in bln euro)

August 12, 2015

(amounts in bln euro)

1.-Amount Auctioned

1,000

875

2.-Total amount offered

1.3

1.138

3.-Coverage ratio

1.30

1.30

4.-Amount Accepted

1.3

1.137,5

5.- Uniform yield

2.70%

2.70%

6.- Cut-off price

99.322

99.322

7.- Cut – off ratio

100%

100%

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