Greece raises 390 million euros at 4.64%

ATHENS: Greece on Tuesday raised 390 million euros ($530 million) at 4.64 percent interest by selling six-month Treasury bills, the debt management agency said. The issue, which had an original target of 300 million euros, was subscribed more than 4.5 times over, the PDMA agency said in a statement. "The total bids reached 1.363 billion euros and the amount finally accepted was 390 million euros," the agency said. The rate was slightly lower than the last equivalent Treasury bill issue in January which sold at 4.90 percent, but with the significantly higher amount of 1.95 billion euros.