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
-
Desmond Child, Alice Cooper given tour of Acropolis Museum; concert at Herodion for return of Parthenon Sculptures
-
The 180 new M1117 armored 4x4 vehicles have arrived in Greece
-
Tourism: Arnaia, Halkidiki, one of the three most beautiful villages in Greece
-
Economou: Greece will appeal for the "Turkaegean" mark
-
Greek Foreign Ministry expresses 'deep regret' over Russian decision to expel 8 of its diplomats
Latest from E.Tsiliopoulos
- Desmond Child, Alice Cooper given tour of Acropolis Museum; concert at Herodion for return of Parthenon Sculptures
- The 180 new M1117 armored 4x4 vehicles have arrived in Greece
- Tourism: Arnaia, Halkidiki, one of the three most beautiful villages in Greece
- Economou: Greece will appeal for the "Turkaegean" mark
- Greek Foreign Ministry expresses 'deep regret' over Russian decision to expel 8 of its diplomats