Arab Today, arab today greece raises €13 bn borrowing costs drop
Last Updated : GMT 08:07:24
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Greece raises €1.3 bn, borrowing costs drop

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Arab Today, arab today Greece raises €1.3 bn, borrowing costs drop

Athens - AFP

Greece on Tuesday paid sharply lower rates to raise 1.3 billion euros ($1.7 billion) in a sale of 6-month treasury bills, the debt management agency said. \"Total bids reached 2.62 billion euros and the amount finally accepted was 1.30 billion euros,\" the agency said in a statement, with the interest paid to investors 4.55 percent, down from 4.80 percent at the last equivalent sale on March 6 which had raised 1.14 billion euros.

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