ECONOMY

T-Bill yield drops to 3.34% in latest auction

T-Bill yield drops to 3.34% in latest auction

The uniform yield of the new 52-week T-bills auctioned by Greece on Wednesday dropped to 3.34%, from 3.73% at the previous auction in May.

According to the Public Debt Management Agency (PDMA), the total bids reached 1.147 billion euros, with a coverage ratio of 2.29 for the asked sum of €500 million, and the amount finally accepted was €600 million.

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