Quarterly Treasury
auction of 1.25 billion Euros will carry the Greek government on July 17,
according to a statement of the PDMA.
Specifically, Tuesday, July 17, 2012 will be conducted Treasury Bill Auction 13-week Greek government in dematerialized form, amounting to 1,250 million euro, maturing October 19, 2012.
The date of settlement (settlement) will be Friday, July 20, 2012 (T +3).
The interest on Treasury bills are calculated on time basis ACT/360.
The auction will take place through competitive bids by Primary Dealers in I.D.A.T., according to the procedure provided by the Operating Regulations.
Also, under the Rules of Primary Dealers provided the opportunity to submit non-competitive bids, both during the days of the auction, and during a period of 2 working days after this, and hours until 12:00 p.m. the second business day. Non-competitive bids will meet the price of the last accepted bid in the auction (cut-off price) totaling up to 30% of the auctioned amount for each of the above two cases.
For Treasury bills will not be given any commission.
Specifically, Tuesday, July 17, 2012 will be conducted Treasury Bill Auction 13-week Greek government in dematerialized form, amounting to 1,250 million euro, maturing October 19, 2012.
The date of settlement (settlement) will be Friday, July 20, 2012 (T +3).
The interest on Treasury bills are calculated on time basis ACT/360.
The auction will take place through competitive bids by Primary Dealers in I.D.A.T., according to the procedure provided by the Operating Regulations.
Also, under the Rules of Primary Dealers provided the opportunity to submit non-competitive bids, both during the days of the auction, and during a period of 2 working days after this, and hours until 12:00 p.m. the second business day. Non-competitive bids will meet the price of the last accepted bid in the auction (cut-off price) totaling up to 30% of the auctioned amount for each of the above two cases.
For Treasury bills will not be given any commission.
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