ATHENS Nov 13 Greece sold 4.06 billion euros
($5.16 billion) of one- and three-month treasury bills on
Tuesday to roll over a 5.0 billion euro issue that comes due
Nov. 16, its debt agency (PDMA) said.
PDMA sold 2.762 billion euros of one-month T-bills priced to
yield 3.95 percent and 1.3 billion of three-month paper at 4.2
percent, four basis points below a previous sale in October.
The three-month auction's bid-cover ratio was 1.66, down
from 1.90 in the Oct. 16 sale.
While Tuesday's auction is insufficient to redeem the 5
billion in T-bills coming due on Friday, it will be supplemented
by the sale of more paper through non-competitive bids over the
next two days.