T-bill auction raises 650 mln

 Greece on Tuesday successfully auctioned a three-month Treasury bills issue, raising 650 million euros from the market at an interest of 4.1 pct - unchanged from the previous auction of November 16, 2010.
An announcement by the Public Debt Management Organisation said that the auction was 4.98 times
oversubscribed, with bids totaling 2.489 billion euros. The Organisation accepted bids worth 500 million euros, covering the asked sum, along with non-competitive bids worth 150 million euros. Additional bids, worth 150 million euros, can be submitted by Thursday 20, January.





ANA-MPA