Successful auction of Greek 13 weeks short-term 13 100 million treasury bonds_Steel News_News

Successful auction of Greek 13 weeks short-term 13 100 million treasury bonds

Release Date:2012-05-05 Hits:617
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Greece, on January 17 this year the 13-weeks Treasury auction interest rate of 4.64%.

The Greek Parliament approved in the early morning of the 13th European Union and the International Monetary Fund for Greece the second round of the € 130 billion rescue loan agreementWorld Steel Pipe . The euro zone finance ministers at the 15th meeting, to decide whether the second round of rescue loans to Greece.

Greek public debt management agency of the auction the original target of € 1 billion, but higher than expected due to market demand, the auction exceeded the original target.

Greece's public debt Authority on the 14th, the Greek government auction the same day at 4.61% interest rate of 1.3 billion euros (about $ 1 World Pipe network informed.71 billion) for a period of 13 weeks of short-term government bonds, interest rates slightly lower than the level in January .

€ 14.5 billion of debt coming due in Greece this year on March 20, issuing treasury bonds is an important source of government funds.

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