Greece pays slightly less to raise 1.6b euros

Greece pays slightly less to raise 1.6b euros
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Summary Greece paid slightly lower but still high rates Tuesday to raise 1.6b euros in short term fund.

This has been said by public debt agency as the government negotiates a controversial bond write-down with private bank creditors.The government sold six month treasury bills at 4.90 percent, down from the 4.95 percent paid at the last such auction on December 13, to raise 1.625 billion euros ($2.08 billion), above the initial target of 1.25 billion euros. –AFP
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