The new annual interest bonds of the Greek State will be available at a reduced interest rate.

In the recently concluded auction, the 52-week Treasury note rate fell to 3.34% from 3.73% at the May auction.

As announced by the Public Debt Management Organization, total offers of 1,147 million Euros were submitted, exceeding the requested amount of 500 million Euros by 2.29 times.

The auction was conducted through Primary Dealers, and the settlement date is Friday, June 7, 2024.

Bids up to the auction amount were accepted, as well as non-competitive bids of €100 million.

In parallel with the auction, the Greek State provides natural persons (individuals) with the possibility to purchase the securities in question through a public registration in any Bank or Stockbroking Company, with a maximum nominal value for each natural person of 15,000 Euros. The offering price will be the price of the last offer accepted at the auction (cut-off price ie 96,730. The total amount of securities that will be sold through this process will be announced after the completion of the public registration.

The registration period ends tomorrow, Thursday 6 June 2024.

A necessary condition for the purchase of the securities is their registration in a portion of the S.A.T. The process of opening such a portion is done through the above distribution agencies, with the necessary supporting documents, the Police ID and the A.F.M.