Greece will sell 500 million euros ($584.60 million) worth of six-month treasury bills on October 22, the country’s debt agency PDMA said on Friday.
The previous auction of six-month T-bills in September yielded 1.80%. The settlement date for the upcoming auction is set for October 24.
Only primary dealers will be allowed to participate and no commission will be paid, the PDMA said. During the auction, primary dealers can submit non-competitive bids for up to an additional 20% of the auctioned amount.
($1 = 0.8553 euros)