Public Debt Management Agency

Yield up in Greece's 26-week T-bill sale

Greece sold 1.625 billion euros of 26-week treasury bills on Wednesday, with a uniform yield of 2.30 percent, up from 2.15 percent in December, the Public Debt Management Agency (PDMA) announced.

Investors bid for 1.58 times the securities sold, down from 1.81 times last month.

The settlement date for the transaction will be Friday.

[Bloomberg]

Greece to auction 1.25 billion euros of T-bills

Greece will auction six-month treasury bills on Wednesday to raise 1.25 billion euros, as part of its regular monthly issues, the Public Debt Management Agency (PDMA) said last Friday.

The settlement date for the auction will be this Friday. Only primary dealers will be allowed to participate and no commission will be paid.

Yield eases in fresh Greek T-bill sale

Greece sold 1.3 billion euros of three-month treasury bills on Tuesday to roll over a maturing issue, the Public Debt Management Agency said.

The T-bills were priced to yield 1.70 percent, down five basis points from a previous sale in August – the lowest funding cost since January 2010, when the debt agency sold three-month treasury paper at 1.67 percent.

Banks told to proceed with bond

 Government expects to draw up to 3 billion euros from the market at an interest rate of 3.2 to 3.5 percent

By Sotiris Nikas

Three months after Greece’s successful return to the international market, the Finance Ministry is testing investors’ intentions for a second time with the issue of three-year bonds.

Greece sells 1.3 bln euros in 3-month T-bills

Greece sold 1.3 billion euros in three-month treasury bills on Tuesday, the country’s Public Debt Management Agency (PDMA) said.

The T-bills were priced to yield 1.80 percent, down 33 basis points from 2.13 percent in a previous sale in May.

The sale’s bid-cover ratio was 2.99.

The settlement date will be this Friday.

Cost of borrowing via T-bills drops to pre-bailout levels


By Sotiris Nikas

The yields of the 13-week treasury bills Greece auctioned off on Tuesday returned to levels not seen since before the country asked for a bailout in 2010, declining to 2.45 percent from 3.10 percent in March in a sure sign that the successful five-year bond issue last week has set T-bill rates on a new basis.

Pages