Auction of 26-week Interest-bearing Bills of the Greek State, in intangible form, amounting to 625 million euros, expiring on August 26, 2022, will be held on Wednesday, February 23, 2022, as announced by ODDIH.
The settlement date will be Friday 25 February 2022 (T + 2). Interest rates are calculated on an ACT / 360 basis.
The auction will be conducted with competitive bids from the Main Market Negotiators at HDAT, in accordance with the procedure provided by their Rules of Operation.
Also, according to the Rules of the Main Traders, the possibility of submitting non-competitive bids is provided, both on the day of the auction, and during the period of one (1) working day after its end, and until 12.00 pm. The non-competitive bids will be satisfied at the price of the last bid 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 the promissory notes.
Source: Capital
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