Greece’s PDMA raises 487.5 million euros from 6 month bond

The Public Debt Management Agency (P.D.M.A.) today raised 487.5 million euros from the issuance of six-month interest-bearing Treasury bills at a higher cost compared to the previous corresponding auction.

The yield stood at 2.50%, up 15 basis points from 2.35% at the previous auction in November.

The amount includes non-competitive offers of €165 million. The settlement date is set for December 30. The coverage ratio stood at 2.66 from 2.76 in the previous auction.