Greek State to Auction 26-Week T-Bills on Wednesday

The Greek state aims to raise 500 million euros, according to the Public Debt Management Agency (PDMA)

Greece’s Public Debt Management Agency (PDMA) will auction off 26-Week T-Bills today, Wednesday (July 24, 2024), in the book entry form, with the aim to raise 500 million euros.

The notes will mature on Jan. 24, 2025. The settlement date is July 26, 2024.

Only primary dealers will be allowed to participate, according to their operation regulations.

According to PDMA, during the auction non – competitive bids can be submitted up to 20% of the auction amount until noon local time. No additional non-competitive bids will be accepted the next day, Thursday. No commission will be paid for the T-Bills auctioned, while only bids through the Electronic Trading System (H.D.A.T.) will be accepted.

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