Monday, April 23, 2012
Greece raised € 1,625 million during an auction of 13-week Treasury Bills conducted on April 17. According to an announcement by the Public Debt Management Agency (PDMA), the issue was 2.46 times oversubscribed.
Total bids reached € 3,075 million and the amount finally accepted was € 1,625 million. The interest rate was 4.2% compared to 4.25% reached during the previous auction of 13-week bills on March 20 and 4.61% during the auction of February 14.