Greece raises 1.625 bln euros from three-month T-bills

Greece on Tuesday successfully auctioned a three-month Treasury bills issue raising 1.625 billion euros from the market. A Finance ministry announcement said the issue was 3.3 times oversubscribed, with bids submitted totaling 4.126 billion euros, from 1.250 billion euros the asked sum, while the ministry finally accepted bids totaling 1.625 billion euros. The interest of the T-bills issue was set slightly lower at 4.06 pct, from 4.10 pct of a similar issue in an auction held in April 19.

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