Greece to Auction €500 Million in 13-Week T-Bills on January 29, 2025

Greece to Auction €500 Million in 13-Week T-Bills on January 29, 2025

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The Hellenic Republic will hold an auction of 13-week Treasury Bills on January 29, 2025, with a maturity date of May 2, 2025, the Public Debt Management Agency announced, CE Report quotes Athens-Macedonian

The auction will offer €500 million, with a settlement date of January 31, 2025 (T+2). Participation is limited to Primary Dealers, as outlined in their operating regulations.

Non-competitive bids for up to 20% of the auctioned amount can be submitted until 12:00 p.m. local time on the auction day. No additional non-competitive bids will be accepted on January 30, 2025. The auction will follow the ACT/360 day count convention, and no commission will be charged.

Bids will only be accepted via the Electronic Trading System (H.D.A.T.).

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