Greece raises 1.3 bln euros in treasury bill auction

ATHENS, Dec. 13 (Xinhua) -- Greece raised 1.3 billion euros (1.53 billion U.S. dollars) in an auction of three-month treasury bills on Wednesday, the Public Debt Management Agency (PDMA) said.

The treasury bills were priced to yield 1.6 percent, down from a previous similar sale held in November.

Shut out of international markets since 2010, Greece runs a monthly treasury bill auction program to cover maturing debts and meet its financing needs, in parallel to the bailout program.

The debt-ridden country is expected to fully return to the markets in 2018 when the current third bailout program ends. (1 euro = 1.17 U.S. dollars)