Greece on Tuesday successfully auctioned a three-month Treasury bills issue raising 390 million euros from the market. The Public Debt Management Organisation accepted bids totaling 300 million euros and non-competitive bids totaling 90 million euros, although at a higher cost.
The interest of the Treasury bills rose to 4.10 pct, up from 3.75 pct in the previous auction of same securities in October. The issue was 4.98 times oversubscribed. Settlement date was set Friday 19, November.