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Athens News Agency: News in English, 11-04-12
CONTENTS
[01] Tbill auction raises 1.625bln euros
[01] Tbill auction raises 1.625bln euros
Greece on Tuesday successfully auctioned a six-month Treasury bills
issue raising 1.625 billion euros from the market at a slightly higher
cost.
The Public Debt Management Organization, in an announcement, said bids
submitted totaled 4.758 billion euros, or 3.81 times more than the
asked sum, while the interest rate was set at 4.80 pct, slightly up
from 4.75 pct in the previous auction of six-month Treasury bills in
March 8.
Petros Christodoulou, head of the organization, said foreign investors'
participation in the auction totaled 41 pct.
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