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Athens Macedonian News Agency: News in English, 15-01-07
CONTENTS
[01] Greece drains 1.625 bln euros from T-bill auction
[01] Greece drains 1.625 bln euros from T-bill auction
ANA/MPA---Greek authorities on Wednesday successfully auctioned a
six-month Treasury bill issue draining 1.625 billion euros from the
market at a higher cost. The Public Debt Management Organization, in an
announcement, said that the interest rate of the issue was set at 2.30
pct from 2.15 pct in the previous auction of same issue in December 10,
2014. Bids submitted totaled 1.975 billion euros, up 1.58 times from the
asked sum. The organization also accepted non-competitive bids worth
375 million euros and will accept additional non-competitive bids up
to 30 pct of the asked sum by Thursday, 8 January.
The auction was made with the market's primary dealers and settlement
date was set for Friday, 9 January.
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