Greece raises 390-mln-euros from three-month T-bill auction

Greece on Tuesday successfully auctioned a three-month Treasury bills issue raising at least 390 million euros from the market at a reduced interest.

Bids submitted totalled 1.5 billion euros, more than five times the asked sum. The average interest of the issue fell to 3.85 pct from 4.1 pct in the previous auction of three-month Treasury bills held in January.

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