Greece sells 812.5 mln euros of one-year T-bills

Source: Xinhua| 2018-12-13 00:09:56|Editor: Mu Xuequan
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ATHENS, Dec. 12 (Xinhua) -- Greek authorities on Wednesday sold 812.5 million euros (922.8 million U.S. dollars) of one-year treasury bills, the Public Debt Management Agency (PDMA) said in an announcement.

The interest rate was set at 1.09 percent, unchanged from a previous similar sale in September. It is the second such issue after the country officially exited its third international bailout since 2010 in August this summer.

Settlement date of the new bills is Dec. 14.

The new auction reflects a positive climate in capital markets towards Greece, local media noted.

Shut out of the bond markets since 2010, after the start of the Greek debt crisis, the debt-ridden country has been running a monthly treasury bills auction program to cover its financial needs.

After the expiry of the last bailout program, Athens is preparing its full return to the bond markets in coming months, according to Greek Finance Ministry sources.(1 euro = 1.135 U.S. dollars)

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