Greece borrows at steady rates as buy-back ends
- Published: 12 Dec 2012 at 04.46
- Online news: World
Greece raised 4.387 billion euros ($5.7 billion) at little-changed interest rates on Tuesday with a special bond issue to pay immediate bills amid indications a vital debt buy-back scheme had succeeded, exceeding the target.
People walk by a National bank of Greece headquarters in Athens on 11 December 2012. Greece raises 4.387 billion euros ($5.7 billion) at little-changed interest rates with a special bond issue to pay immediate bills amid indications a vital debt buy-back scheme had succeeded, exceeding the target.
The debt agency borrowed the money via a one-month issue at 3.99 percent, a slightly higher rate than during its last comparable issue, and via a six-month issue at a slightly lower rate of 4.38 percent.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
