In the edition Interest bearing promissory notes of three months’ duration proceeds the Greek State next week. As announced by the Public Debt Management Organization, on Wednesday, October 30, 2024, an Auction of 13-week interest-bearing promissory notes of the Greek State, in intangible form, amounting to 500 million euros, expiring on January 31, 2025, will be held. The settlement date will be Friday the 1st November 2024 (T+2).

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 brokerage firm, with a maximum nominal value for each natural person of 15,000 euros. The disposal price will be the price of the last bid accepted at the auction (cut-off price). The total amount of securities to be allocated through this process will be announced after the completion of the public registration.

The registration period is from Tuesday 29 October 2024 to Thursday 31 October 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.

It is recalled that both natural and legal persons can purchase government securities (Government Notes or Bonds) through banks and brokerage firms, in accordance with existing normal procedures.