Financial News: Greece to auction three-month T-bills on Tuesday

Greece will auction a three-month Treasury bills issue next Tuesday, 19 July, seeking to raise 1.250 billion euros from the market, the Public Debt Management Organization said on Friday.
The organization, in a statement, said settlement date for issue will be Friday, 22 July. The auction will be made with competitive bids by the market’s primary dealers, while the organization will also accept non-competitive binds up to 30 pct of the asked sum. Greece will pay no commission for the Treasury bills issue.

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