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Athens News Agency: News in English, 12-03-06

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Greece raises 1.137 bln euros from six month T-bill auction

  • [01] Greece raises 1.137 bln euros from six month T-bill auction

    AMNA--Greece on Tuesday successfully auctioned off a six-month T-bills issue raising 1.137 billion euros from market at a lower cost. amna

    The Public Debt Management Organization, in an announcement, said the interest rate on the issue was set at 4.80 pct, down from 4.86 pct in the previous auction of same T-bills, while bids submitted were 2.63 times more than the asked sum (875 mllion euros), totaling 2.298 billion euros. The organization will also accept non-competitive bids up to 30 pct of the asked sum.


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