25 May 2018

Greece issues 3M Tbills, raises €812,5M

13 July 17 - RE+D Magazine
Greece issues 3M Tbills, raises €812,5M


Solum Property Solutions

Consultant - GREECE


Consultant - GREECE


Public entity - GREECE

IBI Group

Consultant - GREECE


Antulio Richetta

Director IBI Group
Greece on Wednesday successfully auctioned a three-month Treasury bill issue raising 812.5 million euros from the market.


A Finance ministry announcement said that bids submitted totaled 1.154 billion euros, 1.85 times more than the asked sum of 625 million euros, while the interest rate of the issue fell to 2.3 pct, significantly lower compared with the interest rate of 2.70 pct in the previous auction of same issue last month.

The ministry said that in last month’s auction bids submitted were 1.30 times more than the asked sum.


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