On Wednesday, 8 July 2026 an Auction of 13-week Treasury Bills of the Hellenic Republic will be conducted, in book-entry form, in the amount of 400 million euros, maturing on 9 October 2026.
The settlement date will be Friday, 10 July 2026 (T+2).
The interest on the Treasury bills is calculated on an ACT/360 day-count basis.
The auction will be conducted through competitive bids from the Primary Dealers in the Electronic Secondary Securities Market (HDAT), in accordance with the procedure provided for by their operating regulation, as in force from 1/4/2026.
Also, based on the Regulation of the Primary Dealers, the possibility is provided to submit non-competitive bids on the day of the auction and until 12.00 p.m.
The non-competitive bids will be satisfied at the weighted average price of the accepted competitive bids (weighted average price) up to a total amount of 25% of the auctioned amount.
No supplementary non-competitive bids will be accepted on Thursday, 9 July 2026.
No commission will be paid for the Treasury bills.
Participation of private investors as well
In parallel with the auction, the Hellenic Republic provides the possibility for natural persons (individuals) to obtain these securities through public subscription at any bank or brokerage firm, with a maximum nominal value amount for each natural person of 15,000 euros.
The issue price will be the weighted average price of the accepted competitive bids (weighted average price). The total amount of securities to be made available through this process will be announced after the completion of the public subscription.
Subscription period: From Tuesday, 7 July 2026 until Thursday, 9 July 2026.
A necessary condition for the purchase of the securities is their registration in a SAT account. The process of opening such an account is carried out through the above distribution entities, with the required supporting documents being the identity card and the Tax Identification Number.
It is recalled that both natural and legal persons may obtain government securities (Treasury Bills or Bonds of the Hellenic Republic) through banks and brokerage firms, in accordance with the existing usual procedures.