Greece says landmark 15-year bond auction successful
ATHENS, Greece (AP) — Greece raised 2.5 billion euros ($2.75 billion) in a 15-year bond auction on Tuesday at a low interest rate, as the country borrowed beyond the scope of a bailout-repayment relief plan for the first time. The Public Debt Management Agency said the yield was 1.88% — below a government target set at 2%, according to a Greek official. Demand for the bond reached nearly 19 billion euros. The auction was announced days after ratings agency Fitch raised Greece’s credit rating by one notch to BB with a positive outlook.