The Public Debt Management Organization (ODDIH) announced that it managed to borrow 1.625 billion euros (including additional offers) from a six-month Treasury bill issue.
According to the ODDIH press release, the interest rated of the latest issue was 2.05%, down from 2.15% in the previous issue in June. Additionally, the six-month Treasury bill issue was oversubscribed by 2.66 times, when it just it was 2.7.
Market analysts suggest that the further reduction of the interest rate will work towards ODDIH benefit, which intends on issuing a three-year treasury bill over the next few days.
