Greece raises 1.625 bln euros from 6M T-bill auction‏

Greece raises 1.625 bln euros from 6M T-bill auction‏

Greece on Tuesday successfully auctioned a six-month Treasury bill issue raising 1.625 billion euros from the market at a reduced cost.

THETOC TEAM
ΓΡΑΦΕΙ: THETOC TEAM


The Public Debt Management Organization, in an announcement said that the interest rate of the issue was set at 2.05 pct, down from 2.15 pct of the previous auction of same issue in June 10. Bids submitted totaled 3.322 billion euros, 2.66 times more than the asked sum.

The organization will also accept non-competitive bids up to 30 pct of the asked sum by Thursday, 10 July.

Source: ANA-MPA

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