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Wednesday, March 11, 2015

Greece finds buyers at T-bill auction, but yield rises

Greece sold all 1.3 billion euros ($1.38 billion) of three-month Treasury bills put up for auction on Wednesday, but had to pay a higher yield at a sale that tested its ability to raise funds amid a cash squeeze. With aid from its official creditors on hold and foreign investors shunning its debt, Athens is scrambling to meet this month's funding needs, which include maturing treasury paper and ...


READ THE ORIGINAL POST AT finance.yahoo.com