Wednesday, 8 February 2012

Greek PSI deal

According to naftemporiki.gr the PSI deal is now
completed. The coupon would be 3% to 2020. The average coupon
would be around 3.6%. There would be a 50% nominal haircut. Bond
holders would receive 15% in cash and the rest in a greek
bond. By Wed next week they are going to publish the list of 80
Greek bonds that are going to participate in the PSI plus the
loans of the  greek banks.

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