The Public Debt Management Agency has announced that an auction of €500 million worth of 26-week Hellenic Treasury Bonds in dematerialized form that mature on April 25, 2025, will take place on Wednesday, October 23, 2024.

The settlement date will be Friday, 25 October 2024 (T+2). Interest on the notes is calculated on an ACT/360 time basis.

According to the guidelines outlined in their Operating Rules, the Main Market Traders in the U.D.A.T. will conduct the auction through competitive bids.

In addition, under the Rules of the Primary Dealers, non-competitive bids may be submitted on the day of the auction until 12.00 pm. Non-competitive bids will be satisfied at the price of the last bid accepted in the auction (cut-off price) up to a total amount of 20% of the auctioned amount.