Greece draws 1.138 billion euros from six-month T-bill auction

The public debt management agency ODDIH has announced that during the auction of 875 million euros worth of six-month…

The public debt management agency ODDIH has announced that during the auction of 875 million euros worth of six-month Treasury Bills conducted today, the total bids reached and amount finally accepted was 1.137 billion euros.

Furthermore, it was announced that Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until noon on October 8, 2015. Settlement date is October 9, 2015. The results of the auction are as follows:

AUCTION RESULTS

A U C T I O N

Today

Previous

26W T – BILLS

October 7, 2015

(in mln euros)

September 2, 2015

(in mln euros)

1.-Amount Auctioned

875

875

2.-Total amount offered

1,138

1,138

3.-Coverage ratio

1.30

1.30

4.-Amount Accepted

1,137.5

1,137.5

5.- Uniform yield

2.97%

2.97%

6.- Cut-off price

98.521

98.521

7.- Cut – off ratio

100%

100%

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