The Public Debt Management Agency (PDMA) held an auction where the yield on treasury bills was set at 1.97%, up from 1.84% in the previous auction.
The total bids received amounted to €840 million, surpassing the target issuance amount of €500 million by 1.68 times.
The auction was conducted through Primary Dealers, with settlement scheduled for Friday, September 5, 2025.
Accepted bids included competitive offers up to the auctioned amount, along with non-competitive bids totaling €100 million. No additional non-competitive bids will be accepted as of Thursday, September 4, 2025.
It is important to note that no fees or commissions are charged for participation in these auctions.
