Auction theory

The Turkish Central Bank has announced it will increase the daily foreign exchange auction amount on Sept. 29 to $40 million, from a minimum of $10 million

Every third Bulgarian voter is willing to sell his or her vote to the highest bidder, shows a sociological survey.

According to sociologist Kolyo Kolev, quoted by Nova TV, the price was BGN 200. 

Bulgaria's Finance Ministry is to place BGN 300 M worth of securities on the domestic market next week, the Bulgarian National Bank (BNB) has announced on its website.

The auction is dated September 8, or next Monday.

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.

Highbrow art house Sotheby’s is opening a door to the masses in an alliance with Internet age online marketplace eBay.

The companies touted the tie-up as uniting eBay’s global clout with the “iconic international art” expertise of Sotheby’s famed auction house.

Greece sold 1.625 billion euros ($2.21 billion) of six-month treasury bills on Tuesday, the country's debt agency PDMA said.

The T-bills were priced to yield 2.15 percent, down 55 basis points from 2.70 percent in a previous sale in May.

The sale's bid-cover ratio was 2.70, up from 2.65 in the previous sale.

The tender for the privatization of the Derince Port in the northwestern province of Ä°zmit was completed on June 5 with a $543 million bid.