Greece successfully raised 1.3 billion euros ($1.41 billion) in a sale of six-month treasury bills on Tuesday, demonstrating continued investor interest in the country’s debt. The auction saw strong demand, with a bid-to-cover ratio of 2.6.

The yield on the bills was 2.70%, slightly below the 2.75% yield in the previous auction of similar maturity in February. This marginal decrease suggests a slight improvement in market sentiment towards Greek debt.

The Hellenic Republic Asset Development Fund (HRADF) also announced that it has extended the deadline for binding offers for a majority stake in the Alexandroupolis port to May 26, 2015.

These developments come as Greece continues negotiations with its creditors regarding its bailout program and future financial stability.

Greece successfully raised 1.625 billion euros ($2.1 billion) in a sale of six-month treasury bills on Wednesday, exceeding its target of 1.25 billion euros. The auction saw strong demand, with a bid-to-cover ratio of 2.6, indicating significant investor interest.

The bills were sold at an average yield of 4.20%, unchanged from the previous auction in September. This stable yield suggests that investor confidence in Greece remains relatively steady, despite the country’s ongoing economic difficulties and negotiations with international lenders.

The successful auction is a positive sign for Greece, which is heavily reliant on external financing. It allows the country to meet its short-term funding needs and avoid immediate liquidity problems. However, Greece still faces significant challenges in the long term, including high levels of debt and the need for further economic reforms.

Analysts suggest that the strong demand for Greek treasury bills may be driven by a combination of factors, including:

• The relatively high yield compared to other European government bonds.
• Expectations that Greece will eventually receive further financial assistance from the European Union and the International Monetary Fund.
• A perception that the risk of a Greek default has diminished in recent months.

Despite the positive outcome of the auction, Greece remains under intense scrutiny from international markets. The country’s ability to continue accessing funding at reasonable rates will be crucial for its long-term economic recovery.