Greece Successfully Rolls Over 6-month Treasury Bills

Greece successfully sold 1.138 billion euros ($1.24 billion) of six-month Treasury bills Wednesday in the first of two auctions expected in April, Reuters reported. The bonds were sold at a yield of 2.97%, the same yield from a March auction. The settlement date is set for April 14. There were doubts ahead of the auction as to whether foreign investors would put up cash to help refinance the Greek government, Reuters reported. The government could run out of money by April 20, according to a previous Reuters report. It is due to repay €450 million (about $414 million) to the International Monetary Fund by a Thursday deadline.

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