Greece sells 6-month T-bills on higher yield

Kitco Media
By Reuters
Published:
Updated:
Reuters
ATHENS, March 29 (Reuters) - Greece sold 812.5 million euros ($880.67 million) of six-month treasury bills on Wednesday at a higher yield than a sale in February, the country's debt agency (PDMA) said. The debt agency sold the new paper at a yield of 3.15% compared to 3.07% in the February sale. The amount raised included 187.5 million euros in non-competitive bids. The sale's bid-to-cover ratio was 1.90, down from 2.21 in the previous auction. The settlement date is March. 31. ($1 = 0.9226 euros) (Reporting by Angeliki Koutantou and Lefteris Papadimas)

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