ECONOMY

Interest rate set at 3.81% in Greek T-bill sale

Interest rate set at 3.81% in Greek T-bill sale

Greece on Wednesday successfully auctioned a 12-month treasury bills issue with the interest rate of the issue set at 3.81%, down from 3.84% in the previous auction.

The Public Debt Management Authority said that bids submitted totaled 1.553 billion euros, 2.48 times more than the asked sum.

The auction was made with the primary dealers of the market and the settlement date is this Friday.

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