Pumping 600 million euros from the ODRICH
With a reduced rate will be made available Tutor of the Greek public annual duration.
At the auction held today, according to the announcement of the Public Debt Management Organization (ODRN), the title performance stood at 2.15% from 2.27% in the previous auction.
A total bids of € 934 million were submitted, which overcame the requested € 500 million by 1.87 times. The State will raise a total of 600m euros, as they have been accepted and non -competitive bids of 100m euros.
It is noted that in addition to the auction, the Greek State enables natural persons (individuals) the opportunity to obtain these securities through public registration to any bank or brokerage company, with a maximum amount of nominal value for each natural person of 15,000 euros. The disposal price will be the price of the last bid being accepted at the cut-off price. The total amount of the securities to be made through this process will be announced after the completion of the public registration was reported to the EIA.
The registration period ends tomorrow, Thursday, March 6, 2025.
A prerequisite for the purchase of the securities is to register them in a portion of the SAT. The process of opening such a portion is done through the above disposal bodies, with the necessary supporting documents for the police identity and the VAT.
