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.
- Washington Examiner: US considers leaving Incirlik and "sees" alternative in Greece
- AHI Participates on State Department Call on Eastern Med Developments
- Athens-Nicosia in step for the EU summit for Belarus and Turkish aggression
- 25 personalities support Greece and Cyprus against Turkish aggression in letter to the "Times"
- Turkish foreign minister accuses Greece of 'black propaganda', attacks Joe Biden