Greece raises US$1.6 billion in first debt auction since bailout

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ATHENS, Greece - Greece has raised US$1.6 billion in its first debt auction since receiving international bailout loans.

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Hey there, time traveller!
This article was published 13/07/2010 (5533 days ago), so information in it may no longer be current.

ATHENS, Greece – Greece has raised US$1.6 billion in its first debt auction since receiving international bailout loans.

The country’s Public Debt Management Agency says Tuesday’s sale of 26-week treasury bills was oversubscribed 3.64 times, at an interest yield of 4.65 per cent.

The sale is seen as an important test of Greece’s financial recovery effort and Europe-wide concern over sovereign debt.

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