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Greece raises 813 mln€ with 52W T-Bills; yield of 1.25%

Greece’s public debt management organization on Wednesday announced the auction of EUR 625 million euros of 52W T-Bills, with total bids reaching 1.986 million euros, and with the amount finally accepted was at 812.5 million euros.

Primary dealers can additionally submit non-competitive bids up to 30 percent of the amount initially auctioned until March 15, 2018, the agency said, with a settlement date being March 16, 2018.   

The coverage ratio was 3.18, and the uniform yield reached 1.25 percent.