On Wednesday, July 8, 2026, an auction will be held for 13-week Greek government interest-bearing bills, in book-entry form, in the amount of 400 million euros, maturing on October 9, 2026.
The settlement date will be Friday, July 10, 2026 (T+2).
Interest on the notes is calculated on an ACT/360 basis.
The auction will be conducted through competitive bids by the Primary Market Dealers at H.D.A.T., in accordance with the procedure set forth in their operating regulations, as effective as of April 1, 2026.
Furthermore, pursuant to the Primary Market Makers’ Regulations, non-competitive bids may be submitted on the day of the auction until 12:00 p.m.
Non-competitive bids will be satisfied at the weighted average price of the successful competitive bids, up to a total of 25% of the amount being auctioned.
No additional non-competitive bids will be accepted on Thursday, July 9, 2026.
No commission will be paid on the interest-bearing bills.
Participation by private investors
In conjunction with the auction, the Greek Government is offering individuals the opportunity to purchase these securities through a public subscription at any bank or brokerage firm, with a maximum nominal value of 15,000 euros per individual.
The offering price will be the weighted average price of the successful competitive bids. The total amount of securities to be offered through this process will be announced upon completion of the public subscription.
Subscription period: From Tuesday, July 7, 2026, through Thursday, July 9, 2026.
A prerequisite for purchasing the securities is their registration in a CSD account. The process of opening such an account is carried out through the aforementioned distribution agents, with a police ID and Tax Identification Number (AFM) required as supporting documents.
It should be noted that both individuals and legal entities may purchase government securities (Greek Government Treasury Bills or Bonds) through banks and brokerage firms, in accordance with existing standard procedures.