Politics

Greece Gets Borrowing Costs Down

Raised $2.16 billion in treasury bill auction

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ATHENS, Greece –  Greece's borrowing costs are continuing to fall following the latest successful auction of short-term debt that raised €1.62 billion ($2.16 billion).

The country's debt management agency says the yield on new 13-week treasury bills sold Tuesday reached 4.07 percent, down from 4.11 percent in last month's similar issue.

The issue was 1.75 percent oversubscribed.