"Note the use of the word "expected". Doubtless if insufficient bondholders have come forward the deadline will be extended."Unsurprisingly, the deadline has indeed been extended to noon GMT Tuesday, in the hopes of selling another Euro3-4BN of bonds.
Monday, December 10, 2012
Greece Extends Bond Buyback Deadline
Friday was the alleged "deadline" for the Greek bond buyback. However, as I stated at the time: