The Greek state on Wednesday successfully auctioned off a 625-million-euro 12-month T-bill issue, with the uniform yield reaching 3.81 percent, down from 3.84 percent set in the previous such auction.

The country’s Public Debt Management Authority (PDMA) announced that submitted bids totaled 1.553 billion euros, over-subscribing the issue by 2.48 times.

The Greek state accepted 812.5 million euros from the issue.

The settlement date is Friday, Sept. 8.

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