Greece rolls over 3-month T-bills, yield steady

9 November 2016
574 Views

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

Coronavirus Greece: 1,607 new cases, 847 intubated, 78 deaths
GREECE
shares23 views
GREECE
shares23 views

Coronavirus Greece: 1,607 new cases, 847 intubated, 78 deaths

Panos - Apr 20, 2021

Greece announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 1,607, of which 7…

The National Interest: Why is Cyprus still divided? – Analysis
DEFENCE
shares242 views
DEFENCE
shares242 views

The National Interest: Why is Cyprus still divided? – Analysis

Panos - Apr 19, 2021

The division of Cyprus is fast approaching the half-century mark. In fact, that division has now lasted longer than that…

Research suggests ancient Greeks might have sailed to Canada
GREECE
shares25 views
GREECE
shares25 views

Research suggests ancient Greeks might have sailed to Canada

Panos - Apr 19, 2021

The ancient Greeks could have reached Canada in 56 AD – almost a millennium before the Vikings. This is according…

Leave a Comment

Your email address will not be published.