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Greece to auction 625 mln euros of one-year T-bills on Dec. 12

Published 07/12/2018, 09:25 pm
Updated 07/12/2018, 09:30 pm
© Reuters. Greece to auction 625 mln euros of one-year T-bills on Dec. 12

ATHENS, Dec 7 (Reuters) - Greece will sell 625 million euros ($710.3 million) of one-year treasury bills on December 12, its second such issue after it officially exited its bailout programme in August, debt agency PDMA said on Friday.

Athens sold 12-month T-bills in September, with the paper priced to yield 1.09 percent.

The settlement date of the new T-bills will be Dec. 14. 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 Dec. 13. ($1 = 0.8799 euros)

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