Greece raises 600 mln euros with a yield of 3.34% in 52-week T-bill auction
- Written by E.Tsiliopoulos
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The uniform yield of the new 52-week T-bills auctioned by the Hellenic Republic on Wednesday dropped to 3.34%, down from 3.73% at the previous auction in May.
According to the Public Debt Management Agency (PDMA), the total bids reached 1.147 billion euros, with a coverage ratio of 2.29 the asked sum of 500 million euros, and the amount finally accepted was 600 million euros.
Offers up to the asked sum were accepted, as well as non-competitive bids of 100 million euros.
The auction was held via the Primary Dealers and the settlement date is June 7. No additional non-competitive bids will be accepted on June 6.
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