Greek Bill Demand Rises in Second Sale Since Bailout
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Greece sold six-month Treasury bills in the second sale of the securities since the country accepted a European Union-led bailout in May, attracting stronger demand amid higher yields.
Greece sold 1.17 billion euros ($1.5 billion) and investors bid for 4.5 times the bills offered, compared with 3.64 times in the previous sale in July. The 26-week bills were priced to yield 4.82 percent, more than the 4.65 percent rate at the previous sale. That’s still less than the 5 percent charged by the EU for its bailout loans.