Greek Bond Deal: Too Good to Last

Greece’s second bailout, agreed by euro-zone leaders on July 21, appears daily more likely to be heading for renegotiation. Readers will recall that the deal included a bond exchange that provided a private-sector contribution to the bailout that was so important to Germany. At the time, the ...

Related News:-

• FT Alphaville » A Greek bond swap oddity


Warning! — long post. But with investors still grappling with the terms of the Greek debt restructuring, it’s worth reading on… Avid readers will remember Option 4 of the ...

• Wolfgang Munchau On How The Greek Rollover "Deal" Is A Toxic CDO ...


A week ago, Zero Hedge penned "An MLEC In PIIGS' Clothing: The Latest Greek Bailout Proposal Picks Up Where the Super SIV Failed" in which we explained how the current fatally ...

• The Greek Crisis: A sorry end to too fleeting a Greek dream


by Mark Mazower Financial Times June 16, 2011 These are painful days for anyone who loves Greece. A series of austerity measures, requiring courage and sacrifice, has turned out to be ...

• Whoopie! We got a Greek Deal! | ZeroHedge


So we got a Greek deal. That’s great news! (I think, I hope, maybe, we’ll see) After all the hoopla over the last week where Trichet basically said that Euro sovereign debt ...

• Doubts Persist on German Role in Greek Debt Deal


German “bad bank” agencies holding billions of euros of Greek debt have still to decide whether to join a bond swap designed to cut Athens’ refinancing burden ...

• Greek Bond Swap Take-Up Only 50 Percent


Banks have committed only 50 percent of Greece's debt to the private sector to a bond swap deal crucial to its second international bailout, a source close to the ...

• The Cover - Giving you the edge in the covered bond market.


Daily online news service dedicated to covered bonds: breaking news on new covered bond issues, secondary market information, regulations and league tables.

• Investors Desert Greek Bond Market


But the sharp moves have coincided with a slump in trading volume, suggesting that the sell-off may not have been as dramatic as it seems. Markets participants say ...

• Fitch: Greek deal to put country in default


BRUSSELS (AP) — Greece will be ruled in default on its debt as a result of a new eurozone plan asking investors to take losses on the country's bonds, Fitch ratings agency ...