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Repurchases of Designated Securities that remain outstanding; Subsequent exchange offers The Republic reserves the right, in its sole discretion, to purchase, exchange, offer to purchase or exchange, settle or issue an invitation to submit offers to exchange or sell any Designated Securities that are not exchanged pursuant to the Invitation (in accordance with its terms) and, to the extent permitted by applicable law, purchase or offer to purchase Designated Securities in the open market, in privately negotiated transactions or otherwise. Any such purchase, exchange, offer to purchase or exchange or settlement will be made in accordance with applicable law. The terms of any such purchases, exchanges, offers or settlements could differ from the terms of the Invitation."
Holders of Designated Securities are urged to consult their own tax advisers as to the specific tax consequences of the exchange of the Designated Securities, and of the acquisition, holding, redemption or disposal of the Benchmark Notes
Uncertainty as to the trading market for the Benchmark Notes The Republic does not intend to make any application for the admission to trading of the Benchmark Notes on any market other than the Athens Exchange. The Benchmark Notes may have no established trading market when issued, and one may never develop. If a market does develop, it may not be very liquid. Therefore, investors may not be able to sell their Benchmark Notes easily or at prices that will provide them with a yield comparable to similar investments that have a developed secondary market.
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I nuovi Benchmark non saranno da subito su EuroTLX e MOT?