Higher revenues set to ease coalition's liquidity concerns

Photo by MacroPolis
Photo by MacroPolis

The Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two key transactions, which are the most important for April’s obligations.

The first relates to the rollover of 1.4 billion of 6-month T-Bills that mature on April 14. Greece will auction 875 million euros on April 8 and, including the regular non-competitive bids, it expects it would cover the total amount of 1.4 billion.

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