Successful Auction of 26-Week Treasury Bills
The Public Debt Management Agency has successfully auctioned off 26-week treasury bills worth 500 million euros. Despite the high demand, the issue only had a 2.39 coverage ratio, with total bids reaching €1,196 billion.
As a result, the PDMA managed to raise €600 million, with a fixed yield of 3.30%. The treasury bills are set to mature on January 24, with the settlement date scheduled for this Friday.
