Demand is ample for Greece's €1.3 billion bond sale

09/7/2011 | Wall Street Journal, The

Despite concerns that Greece might default, the Greek Public Debt Management Agency sold 26-week Treasury bills at a uniform yield of 4.8%. Demand from domestic buyers was solid. "Greece is still managing to have access to the T-bills markets," said Jean François Robin, a strategist at Natixis. "The money market is still alive thanks to domestic money market funds."

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