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Greece Sells EUR650mn T-Bills

The Greek Public Debt Management Agency announced that during the auction of EUR500mn of 13-week T-Bills conducted on Tuesday, the total bids reached EUR2,489mn and the amount finally accepted was EUR650mn.
The amount sold includes a 30% noncompetitive tranche above the amount on offer, while uniform yield was at 4.1%, same as previous auction.
Settlement date is set on January 21, 2011 and maturity date on April 26, 2011.

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