As announced by the Public Debt Management Agency (PDMA), an auction will be conducted for the reopening of Greek Government Bonds, bearing a fixed interest rate of 3.875%, maturing on March 12, 2029, in dematerialized form.
The purpose of the reopening is to meet investor demand and to support the smooth functioning of the secondary bond market.
The amount to be auctioned will be up to €200 million, with settlement date on Friday, April 25, 2025 (T+5).
Participation in the auction is restricted to Primary Dealers only, who may each submit up to five competitive bids via the electronic trading system HDAT, no later than 12:00 noon (local time) on April 16, 2025. Accepted bids will be satisfied up to the auctioned amount, at the cut-off price, i.e., the price of the last accepted offer.
Only competitive bids will be accepted in this auction. The results will also be taken into account in the evaluation of Primary Dealers. No commission will be paid for the bonds.
