ODDIH: Greece draws 1,137.5 million euros from six-month T-bills

The public debt management agency (ODDIH) announced that an auction of 875 million euros worth of 26-week T-Bills was

The public debt management agency (ODDIH) announced that an auction of 875 million euros worth of 26-week T-Bills was conducted today, with the total bids reached being 1,138 million euros and the amount finally accepted was 1,137.5 million euros.

Furthermore, it was announced that Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until November 5, 2015 (noon, Athens time), with the final settlement date being November 6, 2015. The results of the auction are as follows:

November 4, 2015

(amounts in mln euro)

October 7, 2015

(amounts in mln euro)

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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