Greece raises 1.3 bln euros in treasury bills auction

Source: Xinhua| 2020-04-29 21:48:36|Editor: huaxia

ATHENS, April 29 (Xinhua) -- Greece raised 1.3 billion euros (1.4 billion U.S. dollars) on Wednesday in an auction of 26-week treasury bills, according to the country's Public Debt Management Agency (PDMA).

The bills were sold at 0.3 percent yield, unchanged from the previous similar sale conducted on April 1, read an e-mailed PDMA press release.

In October 2019, Greece borrowed money with a negative interest rate for the first time in decades.

The debt-ridden country exited in August 2018 the last of its three bailout programs implemented since 2010 to address a severe financial crisis which brought it at the brink of bankruptcy. (1 euro = 1.09 U.S. dollars) Enditem

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011102121390187271