Greece borrowed at a negative interest rate for the first time, during Wednesday’s three-month T-bill auction.

“Regarding the economy, the country is already in the markets with lower interest rates than ever before”, Konstantinos Mitsotakis said at a ND Coalition meeting. The Greek Prime Minister also referred to the government’s double-effect plan, both vis-à-vis the citizens, the partners and markets.

According to the data released by the Public Debt Management Agency, the auction yield dropped to -0,020%, while the public sector raised € 487.5 million with bids exceeding the auctioned amount by 2.71 times.