Greece raises 1.137 bln euros from T-bill auction
Greece on Wednesday successfully auctioned a six-month Treasury bill issue draining 1.137 billion euros from the market.
The Public Debt Management Organization, in an announcement, said that the interest rate of the issue was set at 2.97 pct, unchanged from the previous auction of same issue in October 7. Bids submitted totaled 1.138 billion euros, 1.3 times more than the asked sum of 875 million euros.
The auction was made with the market’s primary dealers. The Organization will also accept non-competitive bids up to 30 pct of the asked sum by Thursday, 5 November.
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