On May 4, 2016 the Hellenic Republic will auction 26 Weeks T-Bills, in book entry form, with maturity November 4, 2016.
The amount to be auctioned is 875 million Euro.
Settlement date is May 6, 2016 (T+2).
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 5, 2016 (12:00 p.m. local time).
The day count convention is ACT/360.
No commission will be paid for the T-Bills auctioned.
Only bids through the Electronic Trading System (H.D.A.T.) are accepted.