Greece sells three-month T-bills at almost zero cost

Greece on Wednesday successfully auctioned a three-month Treasury bill issue raising 812.5 million euros from the market at an almost zero cost. The interest rate of the issue was set at 0.01 pct, down from 0.28 pct of the same issue auctioned last month. Bids submitted totaled 1.893 billion euros, 3.03 times more than the asked sum.