Completely separate are the necessary conditions for an OMT program – you must be in a situation in which you are regaining full bond market access and you must have an ESM program, either a fully fledged or a precautionary program and there has to be an appropriate IMF involvement.
So, it depends on whether the country is in a situation in which it can have the possibility of regaining full market access”. BIS central bankers’ speeches  1  We know that the Greek government is preparing to go to the bond market very carefully. Could this be helpful?