Bonds are bearer certificates.
The Bonds bear a fixed interest throughout their term. The bearers of Bonds which have been purchased with foreign exchange whitch is not compuisonly transferable to the Bank of Greece, may convert the proceeds from the sale of the Bonds or from the payment of interest in anyone of the currencies traded in the interbank market and transfer it abroad without any restriction. Claims of bearers shall be prescribed ten years after the due date as regards principal and five years after the due date of each coupon regarding interest. Payment of both the principal and the coupons shall be made by ETBA, at its premises, as well as by Credit Institutions authorised for this purpose and by stock-market. Bonds are traded in the Athens Stock Exchange.