Review of operations for the 2nd Quarter of 2016. New issues: - The weighted average yield in the 13-week Treasury Bill June auction increased to 0,89% compared to the March auction which was 0,58%. The bid-to-cover ratio in the June auction marginally decreased to 1,1 as compared to 1,2 of the March auction. In total the outstanding stock of Treasury Bills for the second quarter of 2016 declined by €20 million reaching €342 million compared to the first quarter of 2016. - The issuance of 6-year retail bonds continued with sales of €68 million over the quarter.
Debt redemptions: In June domestic bonds totaling €34 million matured. Redemptions of short term debt during the quarter reached €362 million. Additionally loan amortisations for the second quarter of 2016 amounted to €38 million.