By Laura Contemori – ROME (Econostream) – Greece’s Public Debt Management Agency (PDMA) on Wednesday accepted €500 million in an auction of 26-week Treasury bills, above the €400 million amount auctioned.
Total bids reached €1.078 billion, resulting in a bid-to-cover ratio of 2.70, slightly above the 2.62 recorded at the previous auction on May 27, 2026.
The weighted-average yield rose to 2.24% from 2.21% at the previous auction, while the weighted-average price declined to 98.863 from 98.897.
The cut-off price was set at 98.835, compared with 98.860 previously, and the cut-off ratio rose to 80% from 55%.
Settlement is scheduled for June 26, 2026.
No additional non-competitive bids will be accepted on June 25, 2026, the PDMA said.