Hellenic Short-Term Borrowing Amounts Plummet
Greece's short-term debt sale borrowing amounts have recently plummeted, following the nation's international bond market return.
Reported by the public debt management agency, today's 13-week treasury bill interest rate declined to 2.45%, in comparison to 3.1% for a comparable issue in March. The state generated 1.625 billion euros in today's purchasing, which marked a 2.73 times oversubscribed rate.
Greece sold its first five-year bond last week, in over four years. Prior to this sale, Athens was depending on international financial assistance worth 240 billion euros, since 2010. The competitive sale was eight times oversubscribed; the nation produced 3 billion euros with a 4.95% yield.
Tagged under
Related items
-
Athens wins World Travel Award as the top city-break destination in Europe
-
Suddenly Athens will be filled with pianos in parks and squares - What virtuosos and masters are preparing
-
First of 140 electric buses arrive in Athens
-
Tractors rolling into downtown Athens - Traffic restrictions announced
-
Minor migrant trafficker caught in downtown Athens hauling 12 in passenger car
