ATHENS: Greece is going to sell €625 million ($739 million) of three-month treasury bills on January 14 to refinance a maturing issue, the country’s debt agency PDMA said.
The settlement date will be January 16. Only primary dealers will be allowed to participate and no commission will be paid.
Athens has a stock of about 15 billion euros of T-bills that it regularly refinances with the help of Greek banks. A previous sale in December was priced to yield 1.90 percent.
Petroleum Minister calls for review of gas subsidy system, pricing slabs
ISLAMABAD: Federal Petroleum Minister Ali Pervaiz Malik has called for a review of the existing gas subsidy system and pricing...
