On November 27, 2024, there will be an Auction of 26-week Greek Treasury Bonds, in intangible form, amounting to 500 million euros
In news issue six months interest-bearing promissory notes which can also be procured by private individuals, the Greek State will proceed next week.
As announced by the Public Debt Management Organization (ODDIX) on Wednesday, November 27 2024, an Auction of 26-week interest-bearing promissory notes of the Greek State, in intangible form, amounting to 500 million euros, expiring on May 30, 2025, will be held.
The settlement date will be Friday, November 29, 2024.
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 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.
Registration period: From Tuesday, November 26, 2024 until Thursday, November 28, 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.
Source: Skai
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