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Greece raises €390 million from T-bills auction

16 November 10 - RE+D Magazine

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Greece on Tuesday successfully auctioned a three-month Treasury bills issue raising €390 million  from the market. The Public Debt Management Organisation accepted bids totaling €300 million  and non-competitive bids totaling 90 million euros, although at a higher cost. The interest of the Treasury bills rose to 4.10 pct, up from 3.75 pct in the previous auction of same securities in October. The issue was 4.98 times oversubscribed. Settlement date was set Friday 19, November.

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