The Greek state on Wednesday auctioned off a three-month 625-million-euro T- bill issue, which was oversubscribed by 2.14 times.

The interest rate of the issue reached 3.8 percent, up from 3.65 percent in the previous such auction on June 28, 2023. The country’s Public Debt Management Authority (PDMA) announced that total bids reached 1.336 billion euros, with the amount finally accepted being 812.5 million euros.

The settlement date was set for July 28, 2023.

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