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Annual interest auction of 625 million euros on the fourth
  • 30 Apr 2023
  • economy

 

Auction of 52-week Greek Treasury Bonds, in intangible form, amounting to 625 million euros, due March 8, 2024, is expected to take place on Wednesday, March 8, 2023.

According to the Public Debt Management Organization (ODDIX), the settlement date will be Friday, March 10, 2023 (T+2).

Interest is calculated on an ACT/360 time basis.

The auction will be conducted with competitive offers from the Main Market Dealers at H.D.A.T., in accordance with the procedure provided by their Operating Regulations.

Also, based on the Regulation of Basic Negotiators, it is possible to submit non-competitive offers, both on the day of the auction, and during the period of one working day after its end, and until 12:00 p.m.

Non-competitive offers will be satisfied at the price of the last offer accepted at the auction (cut-off price) up to a total of 30% of the auctioned amount for each of the above two cases.

 

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