ODDIH: Greece draws 1.625 billion euros from 6-month T-bills

The public debt management agency ODDIH has announced that Greece has drawn 1.625 billion euros from the auction of 1.250...

The public debt management agency ODDIH has announced that Greece has drawn 1.625 billion euros from the auction of 1.250 billion euros worth of six-month treasury bills.

Furthermore, the agency announced that Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until noon on January 7, 2016. The final settlement date is January 8, 2016.

The auction results are as follows:

26W T – BILLS

January 5, 2016

(amounts in mln euro)

December 9, 2015

(amounts in mln euro)

1.-Amount Auctioned

1,250

1,250

2.-Total amount offered

1,625

1,625

3.-Coverage ratio

1.30

1.30

4.-Amount Accepted

1,625

1,625

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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