Greek state drains 812.5 mln€ from markets with 13W T-bill auction

The Greek state on Wednesday successfully auctioned off 625 million euros of 13-week T-Bills, with total bids reached reaching 1.014 billion euros, and the amount finally accepted being 812.5 million euros, an oversubscription by 1.62 times.

Primary Dealers can additionally submit non-competitive bids of up to 30 percent of the amount initially auctioned until Thursday, Oct. 5, 2023.

The settlement date is Oct. 6, 2023.