BUSINESS

Greek T-bills auctioned at negative interest rate

TAGS: Markets

The Public Debt Management Agency (PDMA) raised 487.5 million euros on Wednesday through the auction of 26-week treasury bills at a uniform yield of -0.10%.

The issue was originally for the auction of T-bills worth €375 million, but the amount raised increased as total bids reached €1.313 billion.

The settlement date is Friday.

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