Greece on Tuesday successfully auctioned a three-month Treasury bills issue raising 1.3 billion euros from the market at a lower interest cost.
The country’s Pubic Debt Management Organization said that the interest rate of the issue was set at 3.60 pct, from 3.75 pct in the previous auction of same maturity in January 14. Bids submitted totaled 2.383 billion euros, 2.38 times more than the asked sum.
The organization accepted also non-competitive bids worth 300 million euros and said it will also accept additional non-competitive bids up to 30 pct of the asked sum by Thursday, 13 February.
(source: ana-mpa)
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