Greece to auction 625 million euros of 3-month T-bills on January 9

Greece will sell 625 million euros ($713.25 million) of three-month treasury bills on January 9 to refinance a maturing issue, debt agency PDMA said on Friday.

Athens rolled over three-month T-bills in November, with the paper priced to yield of 0.71 percent.

The settlement date of the new T-bills will be on January 11. Only primary dealers will be allowed to participate and no commission is to be paid.

Primary dealers can submit non-competitive bids for up to an additional 30 percent of the auctioned amount until January 10, PDMA said.

You might also like


The Greek Observer considers that every reader has the right to express their opinions freely. However, we explicitly emphasize that The Greek Observers’ editorial team does not adopt user opinions. Please express your opinions in a decent manner. Comments that include, insults will be deleted by the team and the users will be banned from commenting.