Greece to sell 1.25 bln euros of T-bills on Tuesday

Greece will auction 1.25 billion euros ($1.61 billion) of six-month T-bills on July 9 to refinance a maturing issue, the country's debt agency PDMA said on Friday.The settlement date will be July 12. Only primary dealers will be allowed to participate and no commission will be paid.Monthly T-bill sales are Greece's sole remaining source of market funding. Greek banks buy the bulk of the ...

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