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Greece sells treasury bills worth 1.138 bln euros

Source: Xinhua| 2019-04-04 04:40:11|Editor: Mu Xuequan
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ATHENS, April 3 (Xinhua) -- Greece sold treasury bills worth 1.138 billion euro (1.27 billion US dollars) on Wednesday, according to an announcement by the country's Public Debt Management Agency (PDMA).

The 26 week treasury bill sale's bid-to-cover ratio was 2.53, up from 2.03 in the previous auction at the end of February.

Primary Dealers can additionally submit non-competitive bids up to 30 percent of the amount initially auctioned until April 4, 2019 (12 p.m local time), according to the e-mailed press statement.

The settlement date of the new bills is April 5, 2019.

Greece exited the last of the bailout programs last summer. Shut out of the bond markets since 2010, after the start of the Greek debt crisis, the country is gradually returning to the markets. (1 euro = 1.12 U.S. dollars)

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