Greece has accepted 812.5 million euros – out of 1.071 billion euros in bids – for 13-week Treasury bills to refinance a maturing issue, the Public Debt Management Agency announced on Wednesday, according to naftemporiki.gr.
The yield remained negative, at -0.32 percent.
Dealers can additionally submit non-competitive bids up to 30 percent of the amount initially auctioned until Feb. 4, 2021 (noon local time), PDMA added.
The settlement date is Feb. 5, 2021
The issue’s bid-to-cover ratio reached 1.71, dropping from 2.1 in the previous auction.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Dimorsitanos
