The Funding Policy of the PDMA is based upon the following principles:
- Ensuring full transparency regarding the annual funding strategy of the Hellenic Republic.
- Εnriching the Hellenic Republic’s sovereign yield curve via the issuance of securities across various maturities—and potentially in different currencies—by introducing liquid benchmark Greek Government Bonds (GGBs) that cover the maturity spectrum and address any gaps in the curve.
- Aligning the credit spreads of the GGB yield curve with those of comparable sovereign issuers.
- Conducting liability management operations when deemed necessary.
- Maintaining continuous dialogue with the investor community and strengthening relationships with both existing and potential new investors.
- Providing confidence and all necessary information to investors and rating agencies alike.
- Implementing and expanding the existing active cash and liquidity management strategy across all General Government entities, adopting a holistic approach that treats all institutions as components of an integrated whole.