PDMA

Greece sold 1.138 billion euros ($1.27 billion) of six-month Treasury bills on Wednesday, covering the amount it wanted to refinance a maturing issue, in a sale that tested the country's ability to raise funds amid a cash crunch.

Greece sold 812.5 million euros ($959 million) of three-month treasury bills on Wednesday to roll over a maturing issue, the country's debt agency PDMA said.

The T-bills were priced to yield 2.15 percent, up 25 basis points from a previous sale last month.

The sale's bid-cover ratio was 1.78, down from 1.93 in the previous sale.

Greece will sell 625 million euros ($739 million) of three-month treasury bills on January 14 to refinance a maturing issue, the country's debt agency PDMA said on Friday.

The settlement date will be January 16. Only primary dealers will be allowed to participate and no commission will be paid.

Greece sold 1.138 billion euros of three-month treasury bills on Wednesday to roll over a maturing issue, the country's debt agency PDMA said.

The T-bills were priced to yield 1.70 percent, unchanged from a previous sale in October - the lowest funding cost since January 2010, when the debt agency sold three-month treasury paper at 1.67 percent.

Greece sold 1.138 billion euros (1.42 billion US dollar) of six-month treasury bills on Wednesday to roll over a maturing issue, the country's debt agency PDMA said.

The T-bills were priced to yield 2.0 percent, unchanged from a previous sale in October. The sale's bid-cover ratio was 2.09, down from 2.67 in the previous sale.

Greece sold 812.5 million euros ($1.03 billion) of three-month treasury bills on Wednesday to roll over a maturing issue, the country's debt agency PDMA said.

The T-bills were priced to yield 1.70 percent, unchanged from a previous sale in August - the lowest funding cost since January 2010, when the debt agency sold three-month treasury paper at 1.67 percent.

Greece sold 1.138 billion euros ($1.44 billion) of six-month treasury bills on Wednesday to roll over a maturing issue, the country's debt agency PDMA said.

The T-bills were priced to yield 2.0 percent, unchanged from a previous sale in September. The sale's bid-cover ratio was 2.67, up from 2.5 in the previous sale.

Greece sold 1.14 billion euros ($1.49 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 2.0 percent, down two basis points from 2.02 percent in a previous sale in August. The sale's bid-cover ratio was 2.5, down from 3.03 in the previous sale.

Greece sold 1.3 billion euros of three-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 1.75 percent, unchanged from a previous sale in July but still the lowest funding cost since January 2010, when the debt agency sold three-month treasury paper at 1.67 percent.

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.