The Greek Debt Management Agency said that the Republic will auction 26 Weeks T-Bills, in book entry form, on May 10, 2011.
The amount to be auctioned is €1.25, with maturity on November 11, 2011.
Settlement date is May 13, 2011, while only Primary Dealers are allowed to participate, according to their operation regulations.
During the auction non – competitive bids can be submitted up to 30% of the auction amount. On top of that, Primary Dealers can submit non-competitive bids up to another 30% of the auctioned amount, until May 12, 2011 (12:00 p.m. local time).
No commission will be paid for the T-Bills auctioned, while only bids through the Electronic Trading System (H.D.A.T.) are accepted, according to a PDMA announcement.
The amount to be auctioned is €1.25, with maturity on November 11, 2011.
Settlement date is May 13, 2011, while only Primary Dealers are allowed to participate, according to their operation regulations.
During the auction non – competitive bids can be submitted up to 30% of the auction amount. On top of that, Primary Dealers can submit non-competitive bids up to another 30% of the auctioned amount, until May 12, 2011 (12:00 p.m. local time).
No commission will be paid for the T-Bills auctioned, while only bids through the Electronic Trading System (H.D.A.T.) are accepted, according to a PDMA announcement.
