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GreekReporter.comGreek NewsEconomyGreece Successfully Auctioned 3 Month Treasury Bills Issue

Greece Successfully Auctioned 3 Month Treasury Bills Issue

Greece successfully auctioned a three-month treasury bills issue raising 390 million euros from the market today. The Public Debt Management Organisation accepted bids totaling 300 million euros and non-competitive bids totaling 90 million euros, although at a higher cost. The interest of the treasury bills rose to 4.10%, up from 3.75% in the previous auction of the same securities in October. The issue was 4.98 times oversubscribed. The settlement date was set for Friday, the 19th of November.

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