Greece sells six-month T-bills at lower cost
- Written by E.Tsiliopoulos
Greece on Wednesday successfully auctioned a six-month Treasury bill issue raising 1.625 billion euros from the market at a lower cost.
An announcement by the Public Debt Management Agency said that the interest rate of the issue was set at 1.65 pct from 1.95 pct in the previous auction of same issue last month. Bids submitted totaled 2.218 billion euros, 1.77 times more than the asked sum.
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