Greece’s First Bill Sale Under Syriza Set Amid Debt Talks
Alexis Tsipras waves to supporters at Athens University following election victory on Jan. 25, 2015
Photographer: Kostas Tsironis/BloombergThis article is for subscribers only.
Greece is set for its first foray into debt markets under its new government led by Syriza’s Alexis Tsipras when the nation sells Treasury bills on Wednesday.
The Athens-based Public Debt Management Agency plans to auction 625 million euros ($716 million) of six-month securities. Non-competitive and second-day bids would normally raise the amount sold to 1 billion euros, which would refinance 947 million euros of securities coming due on Feb. 6.