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Greece sells 13-week T-bills at 3.90%

Greece on Wednesday successfully completed a 13-week Treasury bills auction with bids totaling 1.014 billion euros, up 1.62 times the asked sum of 625 million.

The interest rate of the issue rose to 3.90% from 3.72% in the previous auction of same issue in early August.

The auction was made with the market’s primary dealers and the settlement date is on Friday, October 6.

Non competitive bids up to 30% of the asked sum can be placed until Thursday, 5 October.


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