Wednesday, July 11, 2012

Greece raised €1,625 million during an auction of 26-week T-Bills conducted yesterday.

According to an announcement issued by the Public Debt Management Agency (PDMA), total bids reached €2,697 million and the amount finally accepted was €1,625 million.

The interest rate was 4.70%, slightly less than the 4.73% reached during the previous auction, on June 12.