Treasury bills auctioned by Public Debt Management Agency

The Public Debt Management Agency announced on Wednesday it had auctioned 26-week treasury bills for the amount of 500 million euros, but the issue had a 2.39 coverage ratio with bids totaling €1,196 billion.

Thus, PDMA eventually drew €600 million, with a uniform yield of 3.30%. The issue matures on January 24; the settlement date is this Friday.