Loans and Finance

Loans and Finance

Text

News and information about loans, money, debt, finance and business issues.

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:
"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.

No comments:

Post a Comment