Greece raised €1,300 million during an auction of 26-week T-Bills conducted on May 8.

According to an announcement issued by the Public Dept Management Agency (PDMA), total bids reached €2,603 million and the amount finally accepted was €1,300 million.

The interest rate was 4.69%, compared to 4.55% reached during the previous auction, on April 10 and 4.80% at the March 6 auction.