Greece to auction three-month T-bill next week

Greece will auction a three-month Treasury bill issue next Wednesday, 11 April, seeking to raise 625 million euros from the market. In an announcement, the Public Debt Management Authority said settlement date of the issue will be Friday, 13 April. The auction will be made with the market’s primary dealers, while the authority will also accept non-competitive bids up to 30 pct of the asked price at a cut-off price.