Greece successfully rolls over six-month T-bills at auction

April 8, 2015 9:31 AM

54 0

ATHENS, April 8 (Reuters) - Cash-strapped Greece sold 1.138 billion euros ($1.24 brillion) of six-month Treasury bills on Wednesday, successfully covering the entire amount it sought to raise in the first of two auctions this month testing its ability to find funds.

With Greece weeks away from running out of cash, there had been doubts about whether it would find funds to cover any gap from foreign investors choosing not to participate in refinancing the maturing issue.

Read more

To category page