Greece borrows 1.95b euros

Greece on Tuesday raised 1.95 billion euros (2.6 billion dollars) in a well oversubscribed treasury bill issue but at more than double the cost of its last comparable issue, the Greek debt agency said.
"The total bids reached 6.92 billion euros and the amount finally accepted was 1.95 billion," the Greek debt management agency said in a statement.
The agency had originally sought to raise 1.5 billion euros.
It added that buyers were offered a uniform yield of 3.65 percent compared to 1.67 percent in the last three-month bill issue in January.