Unchanged yield in new 3-month T-bill auction
Greece sold 1.138 billion euros of threemonth treasury bills to refinance a maturing issue, the country’s debt agency PDMA said yesterday. The debt agency sold the new paper at a yield of 2.70 percent, unchanged from a previous sale last month. The amount raised included 262.5 million euros in non-competitive bids. In a
Motor Oil in Cyprus. Athens-listed Motor Oil is penetrating the Cypriot fuel retailing market through the acquisition of 31 gas stations owned by Lukoil Cyprus. The Greek firm said in a bourse filing that its 100 percent subsidiary Coral SA has agreed the transaction with Lukoil Cyprus, estimated at around 10 million euros.