Public Debt Management Agency

Greek bond issue back on the rumor mill

Scenarios of Greece returning to the capital markets are on the increase again following the meetings held by the top officials of the Finance Ministry and the Public Debt Management Agency in New York and Boston earlier this month.

Nevertheless, sources say that no decision has been made yet, with the PDMA closely monitoring developments in international markets.

Greece sells 26-week T-bills, yield stable at 0.85 pct

On Wednesday Greece sold 26-week treasury bills at a yield of 0.85 percent, unchanged from the previous similar auction last month.

Wednesday's auction amounted to 1.625 billion euros, the Public Debt Management Agency (PDMA) announced.

Total bids of 1.729 billion euros were submitted, exceeding the required amount by 1.38 times.

The settlement date is Friday.

Greece sells 1.138 billion euros of T-bills

Greece sold 1.138 billion euros in an auction of three-month treasury bills on Wednesday, the Greek Public Debt Management Agency (PDMA) said.

The 13-week treasury bills were sold at an interest rate of 0.59 percent, down from 0.79 percent in the previous similar auction last month, according to the e-mailed PDMA statement.

Greece sells six-month T-bills, raises 1.14 bln euros

Greece sold 1.14 billion euros' worth of treasury bills on Wednesday, according to the Greek Public Debt Management Agency (PDMA).

The six-month treasury bills were sold at an interest rate of 1.07 percent, compared to 1.19 percent in a similar auction last month, according to an e-mailed press release.

Yield on Greek T-bills rises

Greece raised 1.3 billion euros in an auction of treasury bills on Wednesday, the Greek Public Debt Management Agency (PDMA) said.

The three-month T-bills were sold at an interest rate of 1.05 percent up from 0.99 percent in the previous sale in February.

[Xinhua]

JP Morgan hires Greek ex debt agency chief

JP Morgan has hired the former head of Greece's debt management agency, Stelios Papadopoulos, to head its investment banking business in Greece, according to an internal memo seen by IFR. 

Papadopoulos started on Monday and will report to Kyril Courboin, JP Morgan's CEO for France and the region covering Luxembourg, the Netherlands, Greece, Iberia, and Italy, the memo said. 

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