ECONOMY

One-year T-bill rate is slashed in half

One-year T-bill rate is slashed in half

The interest rate on 52-week treasury bills reached a historic low of 0.47 percent at Wednesday’s auction, down from 0.95 percent three months ago, Greece’s Public Debt Management Agency announced.

The PDMA raised 812.5 million euros and the settlement date is Friday.

Markets
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