Greece sells 1.625 bln euros of T-billsm with lower yield

Greece sold 1.625 billion euros ($1.99 billion) of 3-month T-bills on Tuesday, with the yield slightly falling from a previous auction in June, the PDMA debt agency said.

Monthly T-bill sales are Greece's sole source of market funding. Greek banks traditionally buy the bulk of the T-bill issues, meaning funding costs do not fully reflect market strains.