Public Debt Management Agency

T-bill sale raises 812.5 million euros

Greece achieved a marginally improved interest rate at Wednesday's auction of 13-week treasury bills compared to a similar auction a month earlier, while raising a much greater amount of cash.
According to Public Debt Management Agency data, Greece raised 812.5 million euros with an interest rate of 0.28 percent, after receiving offers of 1.152 billion euros.

State plans to collect more from T-bills

The Public Debt Management Agency (PDMA) will this week attempt to raise the sum of its treasury bill issues, a plan which forms part of the Finance Ministry's new strategy to replenish the cash the government is drawing from its safety cushion, so as to delay or even avoid taking recourse to the European Stability Mechanism's credit line altogether.