Greece sells six-month T-bills at lower interest rate
- Written by E.Tsiliopoulos
Greek authorities on Wednesday successfully auctioned a six-month Treasury bill issue raising 812.5 million euros from the market at a lower cost.
The interest rate of the issue fell to 2.5 pct from 2.78 pct in the previous auction of same issue last month. Bids submitted were 1.86 times more than the asked price, exceeding an 1.3 times oversubscription rate in the previous auction.
Greek notes' interest rates began falling in early July when Greek authorities auctioned a six-month rate at an interest rate of 2.78 pct frm 2.97 pct in the previous auction. The three-month interest rates fell to 2.33 pct last month from 2.7 pct in June.
Related items
-
Greece moves to become Southeast Europe’s first carbon storage hub
-
Giannis Antetokounmpo says Heat provide best route to another NBA title
-
Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
-
Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
-
Greek banks have liquidity ready to fuel economic growth
Latest from E.Tsiliopoulos
- Greece moves to become Southeast Europe’s first carbon storage hub
- Giannis Antetokounmpo says Heat provide best route to another NBA title
- Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
- Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
- Greek banks have liquidity ready to fuel economic growth