Greece successfully sold three-month T-bills today, in the amount of 1.3 billion euros.
The sale assisted in the refinancing of a maturing concern, and kept the nation's finances intact, prior to upcoming national elections, set for September 20th. Debt firm PDMA sold the new T-bills with a 2.70% yield, that remained unaltered from August's sale.
The auction's bid-to-cover ratio mirrored last month's sale at 1.30. Revenues generated encompassed non-competitive bids, in the amount of 300 million euros. The settlement date for today's sale is scheduled for this Friday, September 11th. Friday also marks the maturation date for six-month T-bills worth 1.6 billion euros.
- Mitsotakis-Modi decide to double bilateral trade and deepen strategic relationship between Greece and India
- Climate Change: Greece's performance - Doing well, could do better
- Mitsotakis welcomes Swedish NATO accession; meeting with Albania’s Rama, refers to pending contacts with Erdogan
- The chef who cooked on Obama's cruise to the Greek islands
- Building vertical Central – SE Europe natural gas corridor