ODDIH: Greece draws 1.138 billion euros from six-month treasury bills

The public debt management agency (ODDIH) has announced that an auction of 26-week treasury bills with a value of 875…

The public debt management agency (ODDIH) has announced that an auction of 26-week treasury bills with a value of 875 million euros was carried out on Wednesday.

According to the official statement, the total bids reached 1.138 billion euros and the amount finally accepted was 1,137.5 million 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 7th of April.

AUCTION RESULTS

A U C T I O N

Today

Previous

26W T – BILLS

April 6, 2016

(amounts in mln euro)

March 2, 2016

(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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