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Greece raises 650 mln euros from three-month T-bills

Δημοσίευση 19 Ιανουαρίου 2011, 11:23 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Greece raises 650 mln euros  from three-month T-bills
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Greece on Tuesday successfully auctioned a three-month Treasury bills issue, raising 650 million euros from the market at an interest of 4.1 pct - unchanged from the previous auction of November 16, 2010.

Greece on Tuesday successfully auctioned a three-month Treasury bills issue, raising 650 million euros from the market at an interest of 4.1 pct - unchanged from the previous auction of November 16, 2010.

An announcement by the Public Debt Management Organisation said that the auction was 4.98 times over-subscribed, with bids totaling 2.489 billion euros. The Organisation accepted bids worth 500 million euros, covering the asked sum, along with non-competitive bids worth 150 million euros. Additional bids, worth 150 million euros, can be submitted by Thursday 20, January.