T-bills.

Kathimerini English - - Focus -

Prime Min­is­ter Alexis Tsipras has ac­cused its con­ser­va­tive and so­cial­ist pre­de­ces­sors of pro­tect­ing busi­ness friends from tax checks. The list had been sent in 2010 to then so­cial­ist fi­nance min­is­ter Gior­gos Pa­pa­con­stanti­nou by Chris­tine La­garde, In­ter­na­tional Mon­e­tary Fund chief and at the time French fi­nance min­is­ter. La­garde had got it from an HSBC whistle­blower. A few years later, it emerged that three mem­bers of Pa­pa­con­stanti­nou’s fam­ily had been on the list, but their names were ex­cised and they es­caped scru­tiny. Alex­i­adis yesterday said that the statute of lim­i­ta­tions on the La­garde list in­ves­ti­ga­tion was due to ex­pire on De­cem­ber 31, but the gov­ern­ment would take steps to ex­tend the pros­e­cu­tion pe­riod by another year. data from sta­tis­tics ser­vice ELSTAT showed yesterday. Man­u­fac­tur­ing pro­duc­tion in­creased 4.2 per­cent from the same month a year ear­lier, ELSTAT said. Elec­tric­ity pro­duc­tion rose by 9 per­cent with min­ing out­put de­clin­ing by 6.1 per­cent.

Greece will sell 625 mil­lion eu­ros of three-month trea­sury bills next Wed­nes­day to re­fi­nance a ma­tur­ing is­sue, the Public Debt Man­age­ment Agency (PDMA) said yesterday. Athens suc­cess­fully re­fi­nanced three-month pa­per last month. The bills were priced to yield 2.70 per­cent, un­changed from a pre­vi­ous sale. In a rollover, T-bill hold­ers – mostly Greek banks – re­new their po­si­tions in­stead of get­ting paid on the ma­tur­ing pa­per they hold. The set­tle­ment date of the new bills will be next Fri­day. Only pri­mary deal­ers will be al­lowed to par­tic­i­pate and no com­mis­sion is to be paid.

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