BRI NEWS Greece raises 1.137 bln euros in treasury bill auction

BRI NEWS

Greece raises 1.137 bln euros in treasury bill auction

Xinhua

21:27, August 29, 2019

VCG41172212205.jpg

(Photo: VCG)

ATHENS, Aug. 28 (Xinhua) -- Greece raised some 1.137 billion euros (1.262 billion U.S. dollars) on Wednesday in a 26-week treasury bills auction, according to the country's Public Debt Management Agency (PDMA).

The treasury bills were sold at 0.15 percent yield, unchanged from the previous auction on July 31, read the e-mailed PDMA press release.

Debt-laden Greece was shut out of international markets in 2010. Since then 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.

In August 2018, the country exited the third bailout program which helped avert bankruptcy and is gradually returning to the markets.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue