The issuance of a new series of three-month treasury bills by the Greek state will proceed with a reduced interest rate, as decided in today’s auction conducted by the Public Debt Management Agency (PDMA).
Read: Greek state: New issuance of annual treasury bills
It should be noted that the yield was set at 1.70% in today’s auction conducted by the Public Debt Management Agency (PDMA) for 13-week treasury bills worth 500 million euros (down from 1.85% in the previous auction).
Greek state: Settlement scheduled for Friday
Meanwhile, total bids submitted (for the Greek treasury bills) reached 1.266 billion euros, exceeding the target amount of 500 million euros by 2.53 times. The auction was conducted through Primary Dealers, with the settlement date set for Friday, July 4, 2025.
It is emphasized that bids were accepted up to the auctioned amount, along with non-competitive bids worth 100 million euros. However, supplementary non-competitive bids will not be accepted on Thursday, July 3, 2025.
