By Laura Contemori – ROME (Econostream) – The Greek Public Debt Management Agency (PDMA) on Wednesday allotted €500 million of 26-week Treasury bills.
Bids totaled €1.160 billion against an auctioned amount of €400 million, resulting in a bid-to-cover ratio of 2.90.
The bills were allotted at a weighted average yield of 2.32%, up from 2.24% at the previous auction on June 24. The weighted average price was 98.840, compared with 98.863 previously.
The cut-off price was 98.811 and the cut-off ratio was 29%.
The agency said no additional non-competitive bids would be accepted on July 23.
Settlement is scheduled for July 24, 2026.