Greece raises 1.3 bln euros from T-bill auction

Greece on Tuesday successfully auctioned a three-month Treasury bill issue raising 1.3 billion euros from the market at a lower cost.

The country’s Public Debt Management Organization, in an announcement, said that the interest rate of the issue was set at 3.10 pct, down from 3.60 pct in the previous auction of same issue in February 11, 2014. Bids submitted totaled 2.379 billion euros, or 2.38 times more than the asked sum.

The organization will also accept non-competitive bids up to 30 pct of the asked sum by Thursday, 20 March.

source: ΑΜΝΑ

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Τυχαία Θέματα