The Greek Public Debt Management Agency said on Friday that Greece will auction 13-week treasury bills on February 15th.
The amount to be auctioned is EUR300mn with maturity on May 20, 2011. The settlement date is set for February 18, 2011.
Only Primary Dealers are allowed to participate, while during the auction non – competitive bids can be submitted up to 30% of the auction amount, according to an announcement.
Additionally, Primary Dealers can submit non-competitive bids up to another 30% of the auctioned amount, until February 17, 2011.
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