The Treasury Bill hopes to drain 1.25 billion euros from the market
The six-month Treasury bill issue on Wednesday, January 7, is being auctioned in efforts to drain 1.25 billion euros from the market. An announcement by Greece’s Public Debt Management Organization said that the settlement date was set for Friday, January 9.
The auction will be made with the market’s primary dealers. Non-competitive bids up to 30% of the asked sum at a cut-off price will also be accepted by the organization.
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