Greece sells 812.5m euros of 6-mo T-bills
Greece rolls over 6-mo T-bills; Yield rises to 3.90%
Greece's 26-week T-bill auction yielded at 3.90% higher 3.83% in August sale. Individuals can participate in the auction with a maximum amount of 15,000 euros each.
Greece sold 812.5 million euros of 26-week Treasury-bills to refinance maturing issue, which yielded 3.90%, up from 3.83% in the previous similar offering in August, the debt office PDMA said.
The amount raised included 187.5 million euros in non-competitive bids.
The sale's bid-to-cover ratio was 2.06 compared with 1.90 in August sale.
The debt office said that individuals can participate in the auction through a public registration at any bank or brokerage firm, with a maximum nominal amount for each individual at 15,000 euros.
Settlement will take place Friday, Sept. 29.
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