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Derivatives News
Greece: high participation in bond swap Greece on Friday announced that it had managed to convince a high proportion of its private creditors to accept steep losses on their bonds, staving off an imminent default and paving the way for the release of funds from international rescue loans.The Finance Ministry said 85.8 percent of private investors holding its Greek-law bonds had signed up to the deal, and that it aimed to use legislation
Greece: high participation in bond swap
Greece on Friday secured a high enough participation in its critical bond swap offer to drastically reduce its debt, staving off an imminent default and paving the way for the release of funds
Greece sees finish line in race to slice debt
Greece's race to slice euro107 billion ($140 billion) off its national debt entered the final stretch Thursday, with markets confident enough private investors will decide to accept a deal to
Immediate support level at 5,175-5,225
The Congress' setback in the assembly elections prompted bearishness. Volatility jumped. The short-term trend is down. Ditto the intermediate trend. The long-term trend's direction is likely to be |
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