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 3261 HCB transactions
Fax number of the CCBM unit + 30 210 320 2672 CCB transactions
+ 30 210 322 2704 HCB transactions
email 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
  • ISIN code
  • Settlement date
  • Status of sender (Deliverer or Receiver)
  • Amount
  • Counterparty BIC
 
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