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.
- Greece registers 122,230 new coronavirus infections on July 25-31, 355 deaths
- Naomi Watts: "Farewell beautiful Greece, I love you"
- US State Department on Bahceli map: Greece's sovereignty and territorial integrity are not in question
- TUI: Demand for holidays in Greece is at record levels
- Inflation leaps to 12.1% in June