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Greece raises 934 mln USD in treasury bills auction

Source: Xinhua| 2018-10-10 21:28:55|Editor: xuxin
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ATHENS, Oct. 10 (Xinhua) -- Greece raised 812.5 million euros (934 million U.S. dollars) in an auction of treasury bills on Wednesday, the country's Public Debt Management Agency (PDMA) announced.

The interest rate of the 13-week treasury bills was set at 0.65 percent, unchanged from the previous similar auction in September, according to PDMA's e-mailed press statement.

Shut out of international capital markets since 2010, the debt-ridden country has conducted a monthly treasury bill auction program to cover maturing debts and meet its financing needs, in parallel to the bailout program over the past eight years.

Greece exited the bailout programs this August and is due to gradually fully return to markets. (1 euro=1.15 U.S. dollars)

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