Greece raises 927.2 mln USD in treasury bill sale

Source: Xinhua| 2019-01-30 22:12:16|Editor: ZX
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ATHENS, Jan. 30 (Xinhua) -- Greece raised 812.5 million euros (927.2 million U.S. dollars) on Wednesday in a 26-week treasury bills auction, the country's Public Debt Management Agency (PDMA) said.

The treasury bills were sold at 0.75 percent yield, down from 0.9 percent from the previous similar auction conducted on Jan. 2 this year, according to the e-mailed PDMA press release.

Since 2010 when Greece was shut out of international markets, the PDMA has been selling mainly three-month and six-month treasury bills each month to cover the country's financing needs, in parallel with the Greek bailout programs.

Last August Greece exited the third bailout program which helped keep it afloat and in the euro zone and is gradually returning to the markets.

Greece drew 2.5 billion euros from its first post-bailout five-year bond issue with a yield of 3.6 percent, Finance Minister Euclid Tsakalotos announced on Tuesday. (1 euro= 1.14 U.S. dollars)

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