Greece to auction three-month T-bills on Wednesday

Greece will auction a three-month Treasury bill issue worth 625 million euros on Wednesday, 11 July, the Public Debt Management Authority said.

Settlement data will be Friday, 13 July and the auction will be make with competitive offers from the market’s primary dealers in the domestic electronic secondary bond market.

Investors will be able to place non-competitive bids up to 30 pct of the asked sum. The authority will pay no commission for the securities.