Greece raised on Wednesday 1.138 billion euros (1.335 billion U.S. dollars) in the latest three-month treasury bills auction, according to an announcement by the Public Debt Management Agency (PDMA).
The T-bills were priced to yield 1.95 percent, down from 2.33 percent in the previous similar sale carried out on July 12.
The yields of the Greek government bonds decline following the country's third bailout review in May and the first test return to bond markets in July.
The total bids reached 1.9 million euros. The coverage ratio was 2.17, up from 1.85 in the previous sale.
The settlement date is set for Aug. 11. Primary dealers can submit non-competitive bids up to 30 percent of the amount initially auctioned until Aug. 10.
Greece runs a monthly treasury bill auction to cover maturing debts and meet its financing needs.
On July 25, the debt-laden country made its first test return to bond markets in three years.
Shut out of international markets since 2010, Greece is expected to fully return to the markets in 2018 when the current bailout program ends. (1 euro = 1.17 U.S. dollars)
The T-bills were priced to yield 1.95 percent, down from 2.33 percent in the previous similar sale carried out on July 12.
The yields of the Greek government bonds decline following the country's third bailout review in May and the first test return to bond markets in July.
The total bids reached 1.9 million euros. The coverage ratio was 2.17, up from 1.85 in the previous sale.
The settlement date is set for Aug. 11. Primary dealers can submit non-competitive bids up to 30 percent of the amount initially auctioned until Aug. 10.
Greece runs a monthly treasury bill auction to cover maturing debts and meet its financing needs.
On July 25, the debt-laden country made its first test return to bond markets in three years.
Shut out of international markets since 2010, Greece is expected to fully return to the markets in 2018 when the current bailout program ends. (1 euro = 1.17 U.S. dollars)
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