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Greece draws 1.138 billion euros from six-month treasury bills

The public debt management agency (ODDIH) has announced that during the auction…

The public debt management agency (ODDIH) has announced that during the auction of 875 million euros worth of 6-month Treasury bills that was carried out on Wednesday, the total bids reached 1,138 million euros, with the final amount accepted accepting being 1,137.5 million euros.

Furthermore, the ODDIH statement notes that Primary Dealers can submit non-competitive bids up to 30% of the amount initially auctioned until noon on Thursday (September 1), while the final settlement date is Friday (September 2).

AUCTION RESULTS

A U C T I O N

Today

Previous

26W T – BILLS

August 31, 2016

(amounts in mln euro)

August 3, 2016

(amounts in mln euro)

1.Amount Auctioned

875

625

2.Total amount offered

1,138

813

3.Coverage ratio

1.30

1.30

4.Amount Accepted

1,137.5

812.5

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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