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Greece sells 1.625 bln euros of 6-month T-bills, yield steady
July 9, 2013 / 9:13 AM / in 4 years

Greece sells 1.625 bln euros of 6-month T-bills, yield steady

ATHENS, July 9 (Reuters) - Greece sold 1.625 billion euros ($2.09 billion) of six-month T-bills on Tuesday to roll over a maturing issue, the country’s debt agency (PDMA) said.

The T-bills were priced to yield 4.2 percent, unchanged from a previous June auction. The sale’s bid-cover ratio was 1.70, the same as in the previous auction.

The amount raised included 375 million euros in non-competitive bids.

Monthly T-bill sales are Greece’s sole remaining source of market funding.

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