Tuesday, November 16, 2010

Greece sells 390 mln eur T-bills, 13-week yield 4.1%

Greece's Public Debt Management Agency (PDMA) sold 390 million euros ($544.8 million) of 3-month T-bills on Tuesday, with the yield rising by 35 basis points compared to a previous October auction.

The sale was well covered and Greece paid a yield of 4.1 percent, up from 3.75 prcent in the Oct.19 auction, the debt agency said.

The bid-cover ratio was 4.98 versus 5.19 in the previous auction.
















News source: Reuters link: article

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