English
Πέμπτη, 01 Οκτωβρίου 2020 00:33

Greek T-bill auction yields negative interest rate

Greece's Public Debt Management Agency drained 487.5 million euros from the markets on Wednesday via a latest auction of 26-week T-bills at a uniform yield of -0.10 percent - an eyebrow-raising development.

Greece's Public Debt Management Agency drained 487.5 million euros from the markets on Wednesday via a latest auction of 26-week T-bills at a uniform yield of -0.10 percent - an eyebrow-raising development.

The issue initially aimed for T-bills worth 375 million euros, with total bids reaching 1.313 billion euros.