Single-price auction

€500 mln treasury bill auction sees 2.85% yield

An auction of six-month treasury bills was held on Wednesday, amounting to 500 million euros, the Public Debt Management Agency (PDMA) announced.

The yield stood at 2.85%. Total bids of €1.062 billion were submitted, exceeding the asking amount by 2.12 times.

The auction was conducted through primary dealers, and the settlement date is this Friday.