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Saturday, August 3, 2013

Greece to auction 625 mln eur six-month T-bills on Aug 6

Greece will auction 625 million euros ($828 million) of six-month treasury bills on August 6 to roll over maturing debt, the country's debt agency (PDMA) said on Friday.Monthly T-bill sales are Greece's sole remaining source of market funding.Athens has a stock of about 15 billion euros of T-bills, which it regularly refinances with the help of crisis-struck Greek banks which buy and ...

READ THE ORIGINAL POST AT www.greekherald.com