On Wednesday, July 27, 2022, an Auction of 26-week Interest-bearing Notes of the Greek State, in intangible form, amounting to 625 million euros, expiring on January 27, 2023, will be held.
The settlement date will be Friday, July 29, 2022 (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 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
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