Greece raises €812.5m at 4.85 per cent

Greece yesterday raised €812.5 million, paying investors a return of 4.85.per cent in a sale of six-month Treasury Bills, the debt management agency said. The issue, which had an original target of €625 million, comes as the world struggles to contain...

Greece yesterday raised €812.5 million, paying investors a return of 4.85.per cent in a sale of six-month Treasury Bills, the debt management agency said. The issue, which had an original target of €625 million, comes as the world struggles to contain a financial markets crisis driven by growing fears an overhang of debt will undercut growth and spark a new recession.

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