|02 January, 2019

Greece sells six-month T-bills at steady 0.90% yield

The settlement date of the new bills is Jan 4.

ATHENS- Greece sold 1.625 billion euros ($1.87 billion) of six-month T-bills on Wednesday to refinance a maturing issue, the country's debt agency PDMA said.

The agency rolled over the T-bills at a yield of 0.90 percent, unchanged from a previous sale last month. The amount raised included 375 million euros in non-competitive bids.

The sale's bid-to-cover ratio was 1.39, up from 1.33 in the previous auction.

The settlement date of the new bills is Jan 4.

(Reporting by George Georgiopoulos) ((george.georgiopoulos@thomsonreuters.com; +30210 337 6437; Reuters Messaging: george.georgiopoulos.thomsonreuters.com@reuters.net))

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