On May 22, 2024, the Hellenic Republic (HR) will proceed with an auction for the re-opening of the GGB 3.375% with maturity on June 15, 2034, in book entry form, ISIN GR0124040743.

This operation comes to satisfy investors’ demand while also facilitating the secondary market’s operation. The amount to be auctioned is up to 250 million euros, and the settlement date is May 29, 2024 (T+5).

Only primary dealers (PDs) are allowed to participate with up to 5 competitive bids each, placed through the Electronic Trading System (H.D.A.T.) until 12:00 p.m. local time on May 22, 2024.

Only competitive bids will be accepted up to the auctioned amount and will be allotted at the last bid accepted in the auction (cut-off price).

The auction will be taken into consideration for the evaluation of the PDs. 

No commission will be paid for the bonds auctioned.