Greece rolls over 3-month T-bills, yield steady
Greece sold 1.138 billion euros ($1.26 billion) of three-month treasury bills to refinance a maturing issue, the country’s debt agency PDMA said on Wednesday.
The debt agency sold the new paper at a yield of 2.70 percent, unchanged from a previous sale last month. The amount raised included 262.5 million euros in non-competitive bids.
In a rollover, T-bill holders renew their positions instead of getting paid on the maturing paper they hold.
The sale’s bid-to-cover ratio was 1.30, unchanged from a previous auction on October 12. Settlement date is November 11.
You may be interested
Visit the Greek island in the 100 most impressive list in the worldPanos - Aug 05, 2021
Ios was recently included in the list of the most impressive islands in the world on the news site Insider.com.…
Mitsotakis: The critical infrastructures endured – The houses will be rebuiltPanos - Aug 05, 2021
The Greek Prime Minister, Kyriakos Mitsotakis and the Deputy Minister of Civil Protection, Nikos Hardalias made statements after the extraordinary…
Ancient Olympia: The International Olympic Academy is safe for now – Battle with the fire resurgences (video)Panos - Aug 05, 2021
A new alarm for Ancient Olympia as, early in the morning, a new front emerged, heading towards the facilities of…