This excerpt taken from the NBG 20-F filed Jul 15, 2009.
Financings under the Hellenic Republic Bank Support Plan
We have participated in two of the three pillars of the Hellenic Republic bank support plan. Pursuant to the preference share facility, on January 22, 2009 at an Extraordinary General Meeting, the Bank's shareholders approved the issue and sale to the Hellenic Republic of 70 million redeemable preference shares at par value of €5 each. These preference shares bear a fixed return of 10% per annum. As consideration, the Hellenic Republic contributed to the Bank an amount of Greek government bonds with a market value of €350 million as of May 21, 2009. These bonds have a coupon equal to six-month EURIBOR plus 1.3%.
Under the government-guaranteed short-term borrowings facility, on June 4, 2009, we issued €500 million of floating rate notes bearing interest of three-month EURIBOR plus 0.25%, due in December 2009.