Greece borrows at lower rates
(08-07 18:08)
Greece raised 812.5 million euros (HK$7.81 billion) in a six-month treasury bill sale at slightly lower rates, needing the funds to cover maturing debt obligations.
“Total bids reached 1.29 billion euros,'' the government debt agency said in a statement, more than double the amount sought, with the rate paid to investors falling to 4.68 percent from 4.70 percent at the last equivalent sale on July 10, AFP reports
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