The goal is to raise 500 million euro
Next week, the Greek State proceeds with an auction of interest-bearing promissory notes with a duration of six months.
As announced by the Public Debt Management Organization, on Wednesday, January 22, 2025, an Auction of 26-week interest-bearing promissory notes of the Greek State, in intangible form, amounting to 500 million will be held. euro, due on July 25, 2025.
The settlement date will be Friday, January 24, 2025 (T+2).
Interest is calculated on an ACT/360 time basis.
The auction will take place with competitive offers from the Basic Market Dealers at H.D.A.T., in accordance with the procedure provided by their Operating Regulations. Also, based on the Regulation of the Basic Negotiators, it is possible to submit non-competitive offers on the day of the auction and until 12:00 p.m.
No additional non-competitive bids will be accepted on Thursday, January 23, 2025. No commission will be paid for the interest-bearing notes.
