Greece's auctioned treasury bills reach USD927.2m

2019-02-07 03:11:42

(MENAFN) Greek Public Debt Management Agency (PDMA) said the country had auctioned 13-week treasury bills of total value of USD927.2 million.

The agency also said that the bills were sold at 0.5 percent yield, down from 0.67 percent from the previous similar auction conducted on Jan. 9 this year.

Since 2010 when indebted Greece was shut out of international markets, the PDMA has been selling mainly three-month and six-month treasury bills each month to cover its financing needs, in parallel with the Greek bailout programs.

Last August, Greece left the third bailout program and is gradually returning to the markets.

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