public debt management agency

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Public Debt Management Agency

Greek T-bill auction raises €812.5 mln

The Public Debt Management Agency successfully auctioned 26-week treasury bills on Wednesday and raised 812.5 million euros.

The total bids amounted to €1.54 billion for a cover ratio of 2.46, down from 2.66 in the previous such auction on December 28, 2022.

The yield eased to 2.40%, from 2.50% last month.

The T-bills will mature on July 28.

Bond issue a multiple success

At a single stroke on Tuesday, the Public Debt Management Agency managed to beat the volatility and pressures expected to be caused by the continued tightening of European Central Bank monetary policy and the national elections, and to cover 50% of the 2023 loan program with its first market foray of the year.

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