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PDMA

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...

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...

Government Reliance on Repos Causing Negative Impact on Liquidity of Banking System

According to figures from the Public Debt Management Agency (PDMA), the government of Greece has been relying on repurchase agreements, or repos, in order to meet financial obligations, causing a negative impact on the liquidity of the banking system. The...

Greece in Need of 6.55 Billion Euros by June

Greece's need to serve its public debt are detailed in a document issued by the Public Debt Management Agency (PDMA), which was submitted earlier this week to the Greek Parliament. According to the document, the country's needs for March,...

Greek FinMin to Issue Treasury Bills Worth 1.25 Billion Euros

The Greek Finance Ministry will try to earn some 1.25 billion euros by issuing six-month treasury bills by Wednesday, January 7, according to a Public Debt Management Agency (PDMA) announcement. As it is stated in the announcement, “on Wednesday, January 7, 2015,...

Greece Pushes Debt Buyback Back

After initially saying it had secured enough participation, Greece has extended the deadline for a buy back of its bonds in a bid to reduce its staggering debt  to Dec. 11, in a last attempt to try to get...