BUSINESS

Thirteen-week T-bills secure interest of just 0.01%

TAGS: Markets

The Public Debt Management Agency (PDMA) on Wednesday announced that the 13-week treasury bills it auctioned secured an interest of just 0.01%, with the Greek state raising 812.5 million euros on the market.

This compares with an interest of 0.28% in the previous three-month T-bill auction in May.

This issue was oversubscribed more than three times, PDMA said.

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