Greece raises 813 mln euros from T-bill auction

Gazzetta team
Greece raises 813 mln euros from T-bill auction

bet365

Greek authorities on Wednesday successfully auctioned a six-month Treasury bill issues raising 813 million euros from the market.

The interest rate of the issue was set at 2.97 pct, unchanged from the previous auction last month.

Bids submitted totaled 813 million euros, 1.30 times more than the asked sum of 625 million euros. The auction was made with the market’s primary dealers while settlement date was set for Friday, 7 August. The Public Debt Management Organization will also accept non-competitive bids up to 30 pct of the asked sum by Thursday, 6 August.