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Tuesday, August 12, 2014

Greece sells 1.3 bln euros of 3-month T-Bills, yield steady

Greece sold 1.3 billion euros ($1.73 billion) 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.


READ THE ORIGINAL POST AT finance.yahoo.com