Market practices in Greece
Greece
Name of National Central Bank | Bank of Greece |
Phone number of the CCBM unit | + 30 210 320 2627 CCB transactions + 30 210 320 2961 CCB transactions |
+30 210 320 2662 HCB transactions +30 210 320 2498 HCB transactions +30 210 320 2467 HCB transactions |
|
Fax number of the CCBM unit | + 30 210 320 2672 CCB transactions + 30 210 322 2704 HCB transactions |
vdellopoulou@bankofgreece.gr (CCB transactions) ppetropoulos@bankofgreece.gr (CCB transactions) collateralmanagement@bankofgreece.gr (HCB transactions) |
|
Foreign counterparties’ contact for credit claim related issues | creditclaims@bankofgreece.gr |
Legal and procedural aspects
Procedural aspects governing a repurchase agreement with the NCB and legal documentation used (if applicable) | No standardised repo agreement |
Procedural aspects governing a pledge towards the NCB and legal documentation used (if applicable) | No standardised pledge agreement |
Specific procedures governing non-marketable assets | Terms and conditions (http://www.bankofgreece.gr/BogDocumentEn/Terms.pdf) |
Technical Aspects | BOGS | Bank of Greece |
---|---|---|
Type of eligible assets held | Government Securities | Non-marketable assets |
Opening hours | 7.00 a.m.–6.00 p.m. CET | 7.00 a.m.–4.00 p.m. CET |
Number of settlement cycles per day | DVP real time settlement | |
BIC of SSS(s) | BNGRGRAASSS | BNGRGRAACCB |
Account of NCB in the SSS | 100891030112 | n.a. |
HCB's sub accounts in the SSS (where applicable) | Not applicable | |
Matching requirements | Dual notice principle | Not required |
Matching/Settlement details |
|
|
Special Operating Procedures | BOGS remains open for risk management reasons until the closing of TARGET | |
Homepage of SSS | http://www.bankofgreece.gr/Pages/en/PaymentsSystems/bogs.aspx |