Greece to auction three-month T-bills on May 3

Kitco Media
By Reuters
Published:
Updated:
Reuters
ATHENS, April 28 (Reuters) - Greece will sell 625 million euros ($687 million) of three-month Treasury bills on May 3, its debt agency PDMA said on Friday. The agency last sold three-month T-bills in April, priced to yield 3.04%. The settlement date of the new T-bills will be May 5. Only primary dealers will be allowed to participate and no commission will be paid. Primary dealers can submit non-competitive bids for up to an additional 30% of the auctioned amount until May 4, PDMA said. ($1 = 0.9103 euros) (Reporting by Lefteris Papadimas; Editing by Kevin Liffey)

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