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
- Giannis Antetokounmpo and Mariah to tie the knot in Greece wedding
- Police arrest Greek national sought by Italy for financial crimes
- Greek President Sakellaropoulou meets with diaspora in Santiago, Chile
- Greek bases to hosts largest NATO air exercise this Fall.
- Far right deputy punches another far right MP, lands in jail, faces prosecutor
Latest from E.Tsiliopoulos
- Giannis Antetokounmpo and Mariah to tie the knot in Greece wedding
- Police arrest Greek national sought by Italy for financial crimes
- Greek President Sakellaropoulou meets with diaspora in Santiago, Chile
- Greek bases to hosts largest NATO air exercise this Fall.
- Far right deputy punches another far right MP, lands in jail, faces prosecutor