Tuesday, November 9, 2010

Greece sells 390 mln eur T-bills, 26-week yield 4.82%

Greece's Public Debt Management Agency (PDMA) sold 390 million euros ($539 million) of 6-month T-bills on Tuesday, with the yield rising by 28 basis points compared to a previous October auction.
The sale was well covered and Greece paid a yield of 4.82 percent, up from 4.54 percent in the Oct 12 auction, the debt agency said.

The bid-cover ratio was 5.15 versus 4.22 in the previous auction, with foreign take up at about one-third, the debt agency's chief told Reuters.
















News source: Reuters link: article

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