Greece sells six-month T-bills at higher cost

Greece on Wednesday successfully auctioned a six-month Treasury bills issue, draining 487.5 million euros from the market at a higher cost.

More specifically, the yield of the T-bill was set at 2.50%, up from 2.35% of the previous auction in November. The six-month yield was 0.8% in July and 0.45% in June 2022. The issue was 2.66 times oversubscribed.