Greek T-Bills
Economy
Latest Greek Treasury Bills Sale Secures €1.13 Billion
The Greek government raised 1.138 billion euros (1.36 billion U.S. dollars) on Wednesday during the latest six-month treasury bills sale, the Greek Finance Ministry announced.
The T-bills were sold at a 2.4% interest rate, down from the 2.5% in the...
Economy
Greek Government Sells 3-month T-bills at Reduced Yield
The government sold 1.138 billion euros ($1.34 billion) of three-month Treasury bills on Wednesday to refinance maturing issues, the country's debt agency PDMA announced.
The three-month paper was sold at a yield of 1.95%, down from 2.33% in a previous...
Economy
ECB President: 'We're Not Blackmailing Greece'
On Tuesday, March 24, it was reported that the European Central Bank (ECB) has decided to apply stricter measures in Greece's case. The ECB was supposed to officially ban Greek banks from increasing their holdings of Greek sovereign debt, trying to...
Economy
German Chancellor Merkel Believes the Eurozone Can Bear a Grexit But Fears Instability
German Chancellor Angela Merkel believes the Eurozone can bear a possible Grexit but worries about geopolitics, German senior officials said, according to Euro Insight. Europe’s Iron Lady appears determined to prevent Greece’s exit from the single currency by accident,...
Economy
SYRIZA Will Need EU/IMF Approval to Use T-Bills, Fin Min Says
SYRIZA will need EU/IMF approval to use Treasury bills to cover Greece's funding needs, if the leftist party comes to power, the Ministry of Finance said on Monday.
This comes as an answer to Alexis Tsipras, the party leader, who...
Economy
Greece T-bills Raise €1.3 Billion Amid Bond Rumors
On Tuesday, Greece managed to raise €1.3 billion with a sale of six-month treasury bills, while looking set to return soon to borrowing for longer periods after issuing its first sovereign bond since 2010.
“Total bids reached €3.103 billion and...
Economy
Greece Sells 1.625 Billion Euros Worth of T-Bills with 4.64% Yield
According to Dow Jones, Greece sold EUR1.625 billion of 13-week treasury bills at an auction Tuesday, paying a marginally lower yield than at the previous auction. The amount sold includes a 30% non-competitive tranche.
Following are details of the auction, with...
Economy
Greece Sells €1.625 bln of T-bills at 4.9%
The Greek debt auction results showed a better than expected sale of €1.625 bn against a €1.25 bn target. The 6 month treasury bills have been sold at an average yield of 4.9%, lower than previous 4.95%.
Economy
Greece Sold €1.3B 13-Week T-Bills
Hellenic Republic sold €1.3 billion of 13-week Treasury Bills on Tuesday, according to the country’s Public Debt Management Agency.
The uniform yield was 4.63% slightly above the previous auction (4.61%).
The amount auctioned was €1 billion, while the total bids reached...