Greece Holds 3 Month T-Bill Sale Worth 1.3 Billion Euros
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.
(Source: Reuters)
Tagged under
Related items
-
State Department: We support the energy interconnection between Eastern Mediterranean-Europe via Greece
-
Emblematic Greek artist Fasianos, 87, passes away
-
Cloudy future for the cruise industry
-
Sani Resort - World’s Leading Family & Beach Resort in the world
-
THI’s support for together for children protects kids in Greece