Auction of 52-week interest-bearing promissory notes of the Hellenic State, in intangible form, amounting to 625 million euros, due September 8, 2023, will be held on Wednesday, September 7, 2022, as announced by ODDIX.
The settlement date will be Friday, September 9, 2022 (T+2). Interest is calculated on an ACT/360 time basis.
The auction will take place with competitive offers from the Main Market Dealers at H.D.A.T. in accordance with the procedure provided for 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 (1) 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.
No commission will be given for interest-bearing bonds.
Source: Capital
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
