Friday, March 4, 2011

Greece To Sell EUR1,250mn T-Bills

The Greek government will auction 26-Week Treasury Bills on March 8 in book entry form, with maturity 9 September 2011, according to an announcement.

Public Debt Management Agency said on Friday that the amount to be auctioned is EUR 1,250mn, with settlement date on March 11.

Only Primary Dealers are allowed to participate, according to their operation regulations.

During the auction non – competitive bids can be submitted up to 30% of the auction amount. On top of that, Primary Dealers can submit non-competitive bids up to another 30% of the auctioned amount, until March 10, 2011 (12:00 p.m. local time).



SOURCE: CAPITAL