Greece raises 942 mln U.S. dollars in treasury bills auction

0 Comment(s)Print E-mail Xinhua, August 8, 2018
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by Maria Spiliopoulou

ATHENS, Aug. 8 (Xinhua) -- Greece raised on Wednesday 812.5 million euros (942 million U.S. dollars) in a 13-week treasury bills auction, the Public Debt Management Agency (PDMA) said.

The three-month treasury bills were sold at 0.65 percent yield, unchanged from the previous similar auction conducted in July, according to the e-mailed PDMA press statement.

Shut out of international markets since 2010, debt-laden Greece runs a monthly treasury bill auction program to cover maturing debts and meet its financing needs, in parallel to the bailout program.

Greece is expected to fully return to the markets after the current third bailout program ends on Aug. 20 this summer. (1 euro=1.16 U.S. dollars) Enditem

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