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
-
Greece missing big gains in global olive oil trade
-
Trump thanks Greece among UN SC members for vote
-
Djokovic charms Athens crowd, calls Greece 'second home'
-
Two Americans and 25 European ministers in Greece for the EU’s energy independence
-
Why Turkey wants the Eurofighters - Germany's pivotal role and the implications for Greece
