ΗDΑΤ

The Electronic Secondary Securities Market (HDAT) is the regulated market (Government Gazette, Β 998/27.05.09) for Greek government securities and bonds or other fixed-income debt securities issued by corporations and other entities.

HDAT is operated and managed by the Bank of Greece. Its operation, organisation and management are regulated by Operating rules, which contain the entire set of amendments until 28/4/2009, i.e. by the date of its approval, in accordance with Law 3606/2007. HDAT is a quote-driven market where assets are traded at “bid” and “ask” prices quoted by participants/dealers. The HDAT technical platform is also used for auctioning Greek Government securities in the primary market and for end-of-day buy/sell back transactions in securities within the Book-Entry Securities System of the Bank of Greece (BOGS), as well as for the real-time information to all members on the status of their transactions until final settlement. HDAT has a real-time data service connection with Bloomberg and Thomson Reuters.

As from 15 March 1999, HDAT issues the official daily price bulletin for government securities under Law 2651/98.