Greece Raises 1.1 Bln Euros from T-bill Auction‏

T-Bill_GR Greece successfully auctioned a six-month Treasury bill issue on Wednesday, raising 1.1375 billion euros from the markets at an unchanged cost. Greece’s Public Debt Management Agency said in an announcement that the issue’s interest rate was set at 2.97%, unchanged from the last month’s auction. Bids submitted totaled 1.138 billion euros, 1.3 times more than the asked sum.

The auction was made with the markets’ primary dealers. The Agency will also accept non-competitive bids up to 30% of the asked sum by Thursday, April 9.

(source: ana-mpa)