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  • ODDIH: Greece draws 1.138 billion euros from three-month T-bills

    The public debt management agency (ODDIH) has announced that during the auction of 875 million euros worth of 26-week…

    The public debt management agency (ODDIH) has announced that during the auction of 875 million euros worth of 26-week Treasury Bills conducted, which was carried out on Wendesday, total bids reached 1,138 million euros and the amount finally accepted was 1,137.5 million euros

    Furthermore, ODDIH notes in its statement that Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until May 5, 2016 (12 p.m local time). The final settlement date is May 6, 2016. The results of the auction are as follows:

    AUCTION RESULTS

    A U C T I O N

    Today

    Previous

    26W T – BILLS

    May 4, 2016

    (amounts in mln euro)

    April 6, 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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