Greece's Deputy Finance Minister Christos Staikouras talks to reporters while presenting budget execution figures, in central Athens, on Monday, Feb. 11, 2013. Staikouras said January figures showed a 159 million euro surplus in core government spending for the month, but relied heavily on spending cuts to compensate for weak revenues. (AP Photo/Petros Giannakouris)
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Greece's Deputy Finance Minister Christos Staikouras talks to reporters while presenting budget execution figures, in central Athens, on Monday, Feb. 11, 2013. Staikouras said January figures showed a 159 million euro surplus in core government spending for the month, but relied heavily on spending cuts to compensate for weak revenues. (AP Photo/Petros Giannakouris)
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French President Francois Hollande, right, talks with Irish Prime Minister Enda Kenny, during the EU Budget summit at the European Council building in Brussels, Thursday, Feb. 7, 2013. European Union leaders drew hard lines Thursday ahead of a struggle over EU spending for the next seven years that reflects deep divisions about the role of their union. (AP Photo/Yves Logghe)
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FILE - In this Tuesday, Sept. 25, 2012 file photo, a protester wears glasses with the euro and dollar symbols painted on the lenses before protesting the conservative government's handling of the economic crisis and to demand fresh elections, in Madrid. Many had hoped that 2012 would be the year when the global economy finally regained its vigor, but the three largest economies: The United States, China and Japan struggled, while the 17 countries that use euro endured a third painful year in their financial crisis and slid into recession, and emerging economies slowed. (AP Photo/Paul White, File)
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FILE - In this May 12, 21012 file photo, protesters pack the Puerta del Sol plaza in central Madrid. Worldwide growth was slack again in 2012. The global economy grew just 3.3 percent, down from 3.8 percent in 2011 and 5.1 percent in 2010, the International Monetary Fund estimates. (AP Photo/Paul White, File)
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FILE - In this Nov. 1, 2012 file photo, President Barack Obama speaks during a campaign event at Cheyenne Sports Complex in Las Vegas. In 2012, Obama vaulted to a re-election victory over Mitt Romney, who had staked his bid on the weakest U.S. economic rebound since the Great Depression and had pledged to slash taxes. Yet Obama won despite the highest unemployment rate of any president seeking re-election since World War II. (AP Photo/Pablo Martinez Monsivais, File)
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FILE - In this Nov. 16, 2012 file photo, President Barack Obama acknowledges House Speaker John Boehner of Ohio while speaking to reporters in the Roosevelt Room of the White House in Washington. A dreaded package of tax increases and deep spending cuts to domestic and defense programs loomed over the economy in 2012 as Congress and the White House negotiated the budgetary steps needed to avoid it. (AP Photo/Carolyn Kaster, File)
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FILE - In this May 18, 2012 file photo provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the Nasdaq opening bell from Facebook headquarters in Menlo Park, Calif. Years of anticipation led to Facebook's initial public offering of stock in 2012, the hottest Internet IPO since Google’s in 2004. Many of the 1 billion-plus users of the world’s largest online social network craved a chance to buy in early. On the eve of its first trading day, Facebook’s market value was $105 billion, yet the IPO bombed. (AP Photo/Nasdaq via Facebook, Zef Nikolla, File)
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FILE - In this May 16, 2012 file photo, construction workers wrap a home in protective sheeting as they frame a new home in Chester, Va. After a six-year slump that sent more than 4 million homes into foreclosure and shrank home prices about one-third nationwide, the U.S. housing market began to recover in 2012. Modest job gains and record-low mortgage rates fueled demand. (AP Photo/Steve Helbe, File)
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FILE - In this July 26, 2011 file photo, Austin Mitchell, left, and Ryan Lehto work on an oil derrick outside of Williston, N.D. In 2012, domestic crude oil production achieved its biggest one-year gain since 1951, driven by output in North Dakota and Texas. The United States is on pace to pass Saudi Arabia as the world’s top oil producer within two years. (AP Photo/Gregory Bull, File)
Greece raises 1.3 billion euros in T-Bill auction
ATHENS, Greece (AP) — Greece has raised €1.3 billion ($1.74 billion) in a Treasury bill auction, with the interest rate paid on the three-month loan roughly unchanged from the last such auction.
The Public Debt Management Agency said the 13-week bonds were sold Tuesday at an interest rate of 4.05 percent, compared with 4.07 percent paid at a Jan. 15 auction.
Greece has been relying on emergency loans from other eurozone countries and the International Monetary Fund since losing access to long-term debt markets in 2010 but it has maintained a market presence with regular Treasury bill auctions.
Tuesday's sale was oversubscribed 1.76 times.
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ap, international monetary fund, athens, jan., loan, tuesday, greece, euros, interest rate, percent, rate, debt, interest, business, money, sale, auction, eurozone, agency, eurozone countries, public debt management, long-term debt markets, t-bill auction, three-month loan, treasury bill auction, treasury bill auctions, 13-week bonds, market presence, emergency loans
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