An extraordinary auction for the re-issuance of Greek Government Bonds, with a fixed interest rate of 3.90%, expiring on January 30, 2033, in intangible form, ISIN GR0128015725 will be held on Monday, May 23, 2022, as announced by ODDIH.
The purpose of the reissue is to provide additional liquidity to the specific bond issue.
The amount to be auctioned will be up to 500 million euros and the settlement date will be Monday 30 May 2022 (T + 5).
Only Key Traders (B.D.) will participate in the auction by submitting, through HDAT, exclusively up to 5 competitive bids each, which must be submitted by 12:00 noon (local time), local time, 23rd May 2022 and which are satisfied, up to the amount of the auctioned amount, at the price of the last bid accepted at the auction (cut off price).
This auction will not be taken into account for the evaluation of B.D.
No commission will be given for the Bonds.
Source: Capital
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