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GREECE T-BILL AUCTION PREVIEW
GREECE T-BILL AUCTION PREVIEW: On Wednesday the Greek Debt Management Agency
will tap the 6-month Aug 30 2019 bill for E0.875bln. 
- HISTORY: The result of the last auction of the above bill is listed below: 
6-month bill: average yield 0.75%, cover 2.14x, on 30/01/19. 
- BACKGROUND: The Greek economy has showed good progress since emerging from an
international bail programme last August, with primary surplus of the 2018
budget E0.7bln higher than in 2017. The recent 5yr bond auction has shown that
there is currently good demand for Greek paper, with Greece announcing on
Tuesday that they will attempt a second bond sale in March.  
The 6-month bill yield has gradually increased from 1.03% in June 2018, and
currently trades at 1.50%. 
February data for Greek consumer and business confidence will be released at
1000GMT on Wednesday morning.  
- TIMING: Results are due shortly after the auction closes at 1000GMT.  

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