Greece raises 812.5 million euro from 6-month T-bill auction

Greece on Tuesday successfully auctioned a six-month Treasury bills issue raising 812.5 million euros from the market at an interest of 4.85 pct, down from 4.9 pct in the previous auction of six-month Treasury bills on July 12.
The Public Debt Management Organization said the issue was 3.06 times oversubscibed, with bids amounting to 1.913 billion euro submitted, while the previous auction was 2.88 times oversubscribed.
 The Organization said it accepted supplementary non-competitive bids worth 187.5 million euros, raising the total sum raised to 812.5 billion euros.

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