YEREVAN, May 8, /ARKA/. Greece sold 1.3 billion ($1.7 billion) euros of treasury bills and its financing costs rose for the first time this year after general elections failed to yield a clear winner capable of forming a government, according to RIA Novosti.
Greece sold the 26-week bills today to yield 4.69 percent, up from 4.55 percent at the previous auction on April 10. Investors requested 2.6 times the amount sold compared with 2.62 times previously, according to the Athens-based Public Debt Management Agency. -0-
