Greece to auction three-month T-bills on Jan. 3

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ATHENS, Dec 29 (Reuters) - Greece will sell 625 million euros ($692.13 million) of three-month Treasury bills on January 3, its debt agency PDMA said on Friday.

PDMA last sold three-month T-bills in November, priced to yield 3,88%. The settlement date of the new T-bills will be Jan. 5.

Only primary dealers will be allowed to participate and no commission will be paid. Primary dealers can submit non-competitive bids for up to an additional 30% of the auctioned amount, PDMA said.


($1 = 0.9030 euros)


(Reporting by Lefteris Papadimas)

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