Greece raises 1.29 bln USD in treasury bills sale

Source: Xinhua| 2018-10-31 23:41:34|Editor: Mu Xuequan
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ATHENS, Oct. 31 (Xinhua) -- Greece raised on Wednesday 1.14 billion euros (1.29 billion U.S. dollars) in a 26-week treasury bills sale, the Greek Public Debt Management Agency (PDMA) announced.

The treasury bills were sold at 0.85 percent yield, unchanged from the previous similar auction carried out on October 3 this year, according to an e-mailed PDMA press statement.

The country has conducted a monthly treasury bill auction program to cover maturing debts and meet its financing needs since it was shut out of international capital markets in 2010.

On Aug. 20 this year, Greece exited the third bailout program which helped keep her afloat and in the euro zone and prepares its full return to the markets in coming months, according to Greek finance ministry officials. (1 euro=1.13 U.S. dollars)

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