Greece sells 812.5 mln euros of six-month T-bills

Greece sold 812.5 million euros ($1.08 billion) of six-month treasury bills on Tuesday to roll over a maturing issue, the country’s debt agency PDMA said. The T-bills were priced to yield 2.02, down three basis points from 2.05 percent in a previous sale in July.

The sale’s bid-cover ratio was 3.03, up from 2.66 in the previous sale.

The settlement date for Tuesday’s auction will be August 8.

The amount raised included 187.5 million euros in non-competitive bids. [Reuters]