Greece raised 1.625 billion euros ($2.14 billion) in three-month debt on Tuesday at 4.20 percent, a slightly lower rate than during its last comparable operation, the national debt management agency said.
Greece had offered interest of 4.25 percent on March 20, the PDMA agency said, adding that demand for the three-month Treasury bills this time was two-and-a-half times the amount on offer.
The latest tender was the second since Greece restructured a large part of its sovereign debt held by private investors, a move which enabled it to cancel more than 105 billion euros of the money it owed.
The picture was mixed on the market for Spanish debt, where an offering of two issues with maturities of 12 and 18 months attracted good demand but at higher rates.
Madrid was able to borrow 3.178 billion euros, exceeding its target of between two and three billion, though Spanish officials had to offer higher rates than during the previous comparable tenders on March 20.
Source: AFP Global Edition
