Greece Raises 5 Billion Euros to Redeem Bills Maturing Tomorrow
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Greece received an additional 937.5 million euros in bids for Treasury bills, bringing the total raised this week to almost 5 billion euros ($6.4 billion) and enabling the nation to roll over debt that matures tomorrow.
The Athens-based Public Debt Management Agency received 300 million euros of second-day bids for the 13-week bills and 637.5 million euros for the four-week bills, it said on its website today. That’s on top of the 4.06 billion euros of securities sold on Nov. 13, after euro-area finance chiefs delayed paying the nation’s next bailout tranche.