Greek debt agency announced on Friday that the Hellenic Republic will auction 26-week Treasury Bills, in book entry form on February 8, 2011.
The amount to be auctioned is EUR300mn, matured on August 12, 2011. Settlement date is set on February 11, while Only Primary Dealers are allowed to participate, according to the Public Debt Management Agency.
“During the auction non – competitive bids can be submitted up to 30% of the auction amount. On top of that, Primary Dealers can submit non-competitive bids up to another 30% of the auctioned amount, until February 10, 2011, said the agency, while no commission will be paid.
The next auction is scheduled on February 15.
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