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Wednesday, March 4, 2015

Greece successfully rolls over 6-month T-bills but yield rises

Greece sold 1.138 billion euros ($1.27 billion) of six-month Treasury bills on Wednesday, covering the amount it wanted to refinance a maturing issue, in a sale that tested the country's ability to raise funds amid a cash crunch. Issuing T-bills is the only source of commercial borrowing for the leftist government of Prime Minister Alexis Tsipras but the country's EU/IMF creditors have set a 15 ...


READ THE ORIGINAL POST AT finance.yahoo.com