Public Debt Management Agency

Greece sold treasury bills (T-bills) worth 812.5 million euros (910 million US dollars) on Wednesday, its Public Debt Management Agency (PDMA) announced.

The agency rolled over similar three-month T-bills last month with the paper priced to yield 0.35 percent, while it was 0.34 percent on Wednesday.

Greece raised 1.14 billion euros on Tuesday in a 26-week treasury bills sale, according to the country's Public Debt Management Agency (PDMA).

The treasury bills were sold at 0.46 percent yield, down from 0.58 percent from the previous similar auction conducted on April 3 this year, the emailed PDMA press release said.

The Public Debt Management Agency (PDMA) announced on Friday that it will auction 13-week treasury bills in book entry form on Wednesday, April 10, with maturity on July 12.
The amount to be auctioned is 625 million euros and the settlement date will be next Friday.
Only primary dealers are allowed to participate, according to their operation regulations.

Greece sold treasury bills worth 1.138 billion euros on Wednesday, according to an announcement by the country's Public Debt Management Agency (PDMA).
The 26-week treasury bill sale's bid-to-cover ratio was 2.53, up from 2.03 in the previous auction at the end of February, at an interest rate of 0.58 percent, improved from 0.72 percent in the previous issue.

April appears to represent a window of opportunity for the Public Debt Management Agency to make its next market foray. That will depend on developments over the prior actions for the disbursement of the 1 billion euros at Friday's Eurogroup as well as the international environment.

Greece sold treasury bills worth 812.5 million euros on Wednesday, according to a Public Debt Management Agency (PDMA) announcement.
The 52-week treasury bills were sold at a 0.95 percent yield, down from 1.09 percent at the previous similar auction conducted on December 12, 2018, according to the e-mailed PDMA press release.

Greece passed the market test successfully on Tuesday, as its 10-year bond issue - for the first time since the country was excluded from the markets in 2010 and entered the bailout mechanism - took advantage of the favorable international climate and the credit rating upgrade by Moody's last Friday.

Greece announced the drawing of 2.5 billion euros, with a rate of 3.90 percent, from its 10-year bond issue on Tuesday, its first such foray in money markets since its emergence from the bailout programs last summer.

Greece is set to issue its first 10-year bond in nine years on Tuesday, in an effort to capitalize on the significant improvement in the climate for Greek assets as well as Moody's two-notch credit rating upgrade last Friday.

Greece is getting ready to tap the money markets for the second time within a few weeks, probably next Tuesday with a 10-year bond issue, on the back of a major drop in yields and an anticipated credit rating upgrade by Moody's late on Friday, while February ended with Greek bank stocks posting monthly gains of 43.62 percent.