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Business & Finance

Greece sells 1.625bn euro

Published Updated

debtATHENS: Greece's Public Debt Management Agency (PDMA) sold 1.625 billion euros ($2.3 billion) of 3-month T-bills on Tuesday, with the yield easing compared to a previous April auction.

The sale was covered 3.3 times with Greece paying a yield of 4.06 percent, down from 4.10 percent in an April 19 auction, debt agency PDMA said. Foreign investors bought 31 percent of the issue.

Copyright Reuters, 2011

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