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T-bills

T-Bill Auction Drums Up €812M for Greece

  Greece made €812.5 million ($1 billion) in an auction of treasury bills on Wednesday, according to the Public Debt Management Agency (PDMA). The PDMA in a statement said during the auction of €625 million of 13W T-Bills conducted on Wednesday,...

Greece to Launch 12-Month Treasury Bill Auction

Greece will auction a 12-month Treasury bill issue next Wednesday, the first such auction to be held since April 2010. The move is designed to gradually replace three-month T-bills in order to improve the yield curve in the Greek state...

Greek Banks Resume T-bill Interbank Transactions

Greek banks have resumed T-bill transactions in the interbank market after a long period of exclusion, a Kathimerini newspaper report says. According to the report, bank executives say that lenders have recently completed transactions worth 4-5 billion euros in the...

Greek Minister of State Calls on Politicians to Bring their Money Back to the Country

Greek Minister of State Alekos Flambouraris on Tuesday, in statements to SKAI TV, called on all politicians and non politicians to bring their money back to Greece . "We are giving a fight for existence and even one euro matters in...

Greek FinMin Hardouvelis Warns Over Economy Dropback due to Stalled Review

Greece's Finance Minister Gikas Hardouvelis warned that the country's economy could suffer a significant drop back into recession if the Greek bailout program review remains stalled. In an interview with the Sunday edition of Greek newspaper "Kathimerini," Hardouvelis pointed...

Greece Sells 4.38B Euros in T-bills

Greece sold 4.38 billion euros ($5.67 billion) of one- and six-month treasury bills on Dec. 11 to roll over maturing issues that come due Dec. 14, its debt agency (PDMA) said. Some 2.762 billion euros of one-month T-bills priced...

Strapped Greece Aims to Raise 3 bn Euros in T-Bills

Greece will try to raise 3.125 billion euros ($3.8 billion) in an auction of three-month treasury bills next week to try to avoid a looming cash crunch, a finance ministry official said on Friday. "This is to cover the country's...

Greek Borrowing Costs Rise in 3-Month T-bill Sale

Greece sold 1.3 billion euros ($1.69 billion) of three-month T-bills on Tuesday, with the yield rising by 5 basis points compared to an auction in November, according to debt agency PDMA. The sale's bid-cover ratio was 2.91, down from 2.94...