The new series of three-month treasury bills will be issued with an increased interest rate. As announced by the Public Debt Management Agency (PDMA), the yield in the auction of 13-week T-bills, totaling 500 million euros, was set at 1.76%, up from 1.70% in the previous auction.
Total bids amounted to €999 million, oversubscribing the requested amount of €500 million almost twice. The auction was conducted through primary dealers, and the settlement date is Friday.
Source: Ekathimerini.com
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