Tuesday, May 8, 2012

Reuters: Financial Services and Real Estate: TABLE-Details of Greek 6-month T-bill auction

Reuters: Financial Services and Real Estate
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TABLE-Details of Greek 6-month T-bill auction
May 8th 2012, 09:24

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Tue May 8, 2012 5:24am EDT

  ATHENS, May 8 (Reuters) - Greece sold 1.3 billion euros  ($1.69 billion) of six-month debt on Tuesday, paying a higher  yield compared with a previous auction in April.              The bills were sold into a rollover as 1.6 billion euros of           six-month paper matures on May 11.            The following are details of the auctions:    ***********************************************************           AUCTION DATE            May 8, 2012         April 10, 2012        ISSUE DATE              May 11, 2012        April 17, 2012        MATURITY                Nov. 9, 2012        Oct. 12, 2012         AMOUNT AUCTIONED        1.0 bln eur         1.0 bln eur           TOTAL BIDS              2.603 bln eur       2.62 bln eur          -Competitive            2.303 bln eur       2.32 bln eur          -Non-competitive          300 mln            300 mln              COVERAGE RATIO            2.60              2.62          TOTAL ACCEPTED AMOUNT   1.3 bln             1.3 bln       UNIFORM YIELD             4.69%             4.55%         CUT-OFF PRICE             97.684             97.799       CUT-OFF RATIO            100.0%              100.0%       SECOND-DAY BIDS           AUTHORISED AMOUNT         300 mln            300 mln              ----------------------------------------------------              source: PDMA                     (Reporting by George Georgiopoulos)  
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