Treasury bills are short-term securities issued by countries to finance its activities. They are considered one of the safest investments available on the market.

Treasury bills are considered a very low-risk investment, especially if the issuer has strong fiscal fundamentals. The main risks are,  the default by the issuer state, which means bankruptcy, and sharply fluctuating of interest rates.

The duration of a Treasury bill can range from a few days to a year.

You can sell your Treasury bill before maturity in the secondary market, but the price may be more or less than its purchase price, depending on the applicable interest rates. If you sell above the purchase price, you will receive a capital gain. If you sell below the market, you will suffer a loss of capital.

No, it is not taxed in Greece.

Yes, we open an investment account in your name, then transfer the capital for investment, place an order to buy the interest you have chosen and wait for their expiry.

Regarding the more general safeguarding of investors' capital/money:

1. Securities and money belonging to clients are registered in HellasFin's custodian, in a client account separate from its own account (implementation of MIFiD's own asset segregation requirement)
2. Customer accounts, according to bankruptcy law, are not part of a company's bankruptcy estate, so their contents are not at risk of being seized by creditors
3. For investors who have an account in HellasFin's custody account, coverage of up to €30,000 per investor is valid from the *Investment Services Guarantee Fund of Greece.

* The purpose of the Investment Services Guarantee Fund is to pay compensation to investors, in the event of a definitive or irreversible inability of a participating member to fulfill the following obligations:

• to return to investors the funds it owes to them or belongs to them and which it holds on their behalf in connection with investment services, or
• to return to investors securities owned by them and which it holds or manages on their behalf in connection with investment services.

A basic condition for the safeguarding of investors' funds is the orderly operation of the investment company:

1. HellasFin has capital adequacy above the minimum required
2. Every quarter its capital adequacy is supervised by the Capital Market Commission. The relevant reports are made public
3. No credit is provided to customers and transaction costs are prepaid, so there is no exposure to counterparty risk