Greece to auction 375 mln euros of 3-month T-bills on Feb. 5
Greece will sell 375 million euros of three-month treasury bills on February 5 to refinance maturing debt, its debt agency PDMA said on Friday.
The agency rolled over three-month T-bills in January with the paper priced at a negative yield of -0.08 percent, an all-time low.
The settlement date of the new T-bills will be February 7.
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 percent of the auctioned amount until February 6, PDMA said. [Reuters]
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