Greece sells three-month T-bills, yield rises to 2.18%


ATHENS, Jan 4 (Reuters) – Greece bought 812.5 million euros ($862.71 million) of three-month treasury payments at the next yield, the nation’s debt company PDMA mentioned on Wednesday.

The debt company bought the brand new paper at a yield of two.18%, up from 1.79% in a earlier public sale in November.

The quantity raised included 187.5 million euros in non-competitive bids. The settlement date is January 9.

The sale’s bid-to-cover ratio was 2.36 from 2.24 within the earlier public sale. ($1 = 0.9418 euros) (Reporting by Lefteris Papadimas)



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