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Greece Holds 1 Billion Euro T-Bill Sale Next Week

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Greece is set to sell 13-week Treasury bills worth 1 billion euros, on Wednesday, September 16th, as confirmed by the nation's Public Debt Management Agency in a statement today.

The upcoming T-bill sale falls after Greek officials adequately refinanced three-month bills in August. The refinancing strategy has helped maintain the nation's finances, prior to September 20th's snap elections.

Next Wednesday's sale has a scheduled settlement date for Friday, September 18th. PDMA stated that primary dealers will be the only participants included and will gain no commission, according to Kathimerini.