PUBLIC AUCTION IN HALF Advanced Treasury bills … Let’s see HOW WILL repay them all …

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(Title) auctions semester (26 weeks) Treasury bills, amounting to 1.25 billion euros, will go the State on July 13 as announced by the Public Debt Management Agency (ODDICH ).

same time, this version will go then to the general public savings.
As announced ODDICH, Tuesday, July 13, 2010 invitation to tender Treasury Bills 26 weeks duration, in dematerialized form, the amount 1250 million expired January 14, 2011. The date of settlement (settlement) will be Friday, July 16, 2010. The auction will be competing offers from market makers in the Electronic Secondary Securities Market (HDAT) and allow for non-competitive bids. For treasury bills would be no commission.
In addition to the auction, the Treasury allows individuals (private savers) to purchase such securities with tax-free return, provided that until diakratithoun maturity. Government bonds gained on one of the following ways:
1. Through public offering in any bank or brokerage firm, with a maximum nominal value per person of € 15.000. Registration period from Monday, July 12 through Wednesday, July 14.
2. Within five working days after the settlement date, ie until Friday, July 23, for unlimited amounts, but the price will be set by banks and brokerage houses.

Noted that since the holding of securities should monitored by the Dematerialised Securities System (DSS) of the Central Securities Depository, a prerequisite for the purchase of treasury bills by the general public, entry to a portion of the SAT. The process of opening such portion is simple and is done through banks and stock companies. Required documents are the ID and the AFM.

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9-7-2010

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