Greece raises 1.275 bln USD in treasury bill auction

Source: Xinhua| 2019-05-01 01:04:35|Editor: Mu Xuequan
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ATHENS, April 30 (Xinhua) -- Greece raised 1.137 billion euros (1.275 billion U.S. dollars) on Tuesday in a 26-week treasury bills sale, according to the country's Public Debt Management Agency (PDMA).

The treasury bills were sold at 0.46 percent yield, down from 0.58 percent from the previous similar auction conducted on April 3 this year, read the e-mailed PDMA press release.

Debt-ridden 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.

Last August, Greece exited the third bailout program which helped avert bankruptcy and is gradually returning to the markets. (1 euro=1.12 U.S. dollars)

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