Greece Holds Positive T-Bill Auction
Greece auctioned off 1.138 million euros ($1.28 billion) worth of three-month Treasury bills today.
The figure favorably spanned the whole amount the nation needed to generate. Wednesday's sale was the final of two, that were held this month to cover needed revenues. The nation has tapped native purchasers, whom covered necessary values, concerning international financier's dismissals to offer their own Greek t-bills.
Today's sale held a 2.70 yield, that mirrored April's sale, according to the Greek debt firm PDMA. It's bid-cover ratio marked 1.3%, that was also unaltered from last month. Non-competitive bids resulted in 262.5 million euros. May 15th marks the settlement date for Wednesday's T-bill activities.
(Source: Reuters)
Tagged under
Related items
-
Tsipras's new party surges past PASOK to become Greece's leading opposition force
-
Shay Gal: The Hellenic Navy teaches Israel one hard lesson: how to read Turkish pressure through islands, straits, air-sea seams, and escalation thresholds.
-
Joint naval exercise between Greece and Cyprus off Larnaca and Limassol
-
Beleris on incidents in Albania: Greek properties are being encroached on to build the hotel
-
The six times Americans saw UFOs in Greece, three of them on video – What the files released by the Pentagon say