In the auction of an entry auction secretariat 52 weeks of intangible form, EUR 500 million and expiration 4 September 2026, The Greek State will proceed on Wednesday, September 3, 2025.
According to a statement by the Public Debt Management Organization (ODI), the Settlement date will be Friday, September 5, 2025 (T+2) while the interest interests are calculated on a time ACT/360 basis.
It is emphasized that the auction will take place with competitive bids by the main market negotiators in IDAT, in accordance with the procedure provided for by their Rules of Procedure.
At the same time, under the regulation of basic negotiators, it is possible to submit non -competitive bids on the day of the auction and until 12.00 pm Non-competitive bids will be satisfied with the price of the latest bid being accepted at the cut-off price up to a total of 20% of the auctioned amount.
There will be no complementary non -competitive bids on Thursday, September 4, 2025, and no commission will be given for intensive bills.
Also, according to the announcement of the ODRA, on September 3, 2025 The Greek State will proceed with the issuance of 52 -week biblies. The issue will be auctioned by the main negotiators of the Greek State titles with the date of settlement set on Friday, September 5, 2025 (T+2).
It is noted that in addition to the auction, the Greek State enables natural persons (individuals) the opportunity to obtain these securities through public registration to any bank or brokerage company, with a maximum amount of nominal value for each natural person of 15,000 euros. The disposal price will be the price of the last bid being accepted at the cut-off price, while the total amount of securities will be made through this procedure will be announced after the completion of the public registration.
The registration period is set between September 2, 2025 to September 4, 2025.
A prerequisite for the purchase of the securities is to register them in a portion of the SAT. The process of opening such a portion is done through the above disposal bodies, with the necessary supporting documents for the police identity and the VAT.
Finally, it is recalled that both natural and legal persons can obtain government securities (bonds or Greek government bonds) through banks and brokerage companies, according to existing ordinary procedures.
Source: Skai
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