ECONOMY

Greece raises 1.14 bln euros in 3-month T-bills

Greece raised 1.14 billion euros in three-month treasury bonds on Wednesday, but rates were up and demand was down for the second time in a row for the new government, after difficulties in selling six-month paper last week.

The rate was 2.5 percent, compared with 2.15 percent secured on comparable bonds issued on January 14, the Public Debt Management Agency said in a statement.

[AFP]