Athens sells €1.3 bln worth of treasury bills in auction

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Greece has sold €1.3 billion worth of treasury bills in its latest auction as part of the country’s monthly treasury bills sales program. Six-month treasury bills were sold on Wednesday at a 4.2% interest rate, marginally lower than 4.25% secured during a previous sale on April 9, the Greek Public Debt Management Agency (PDMA) said. The agency added that the sum will be used to refinance older issues coming due on May 10.

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