Archive for March, 2010

Greece Plans to Sell Global Dollar Bond by Early May (Update2) (Bloomberg)

March 31st, 2010 at 03:21pm Under Greek News

March 31 (Bloomberg) — Greece plans to sell a global bond in dollars in the next two months to help raise 11.6 billion euros ($15.6 billion) in funding requirements by the end of May after investors lost money on its most recent sale.

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Greece Plans Dollar Bond Issue: Reports (Fox News)

March 31st, 2010 at 12:45pm Under Greek News

Greece Plans Dollar Bond Issue: Reports

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Greece Debt Costs May Push Nation to IMF Rescue, Evolution Says (Bloomberg)

March 31st, 2010 at 12:38pm Under Greek News

March 31 (Bloomberg) — Greece may be forced call in the International Monetary Fund to cut funding costs because it can’t keep borrowing at yields of 6 percent or more, according to Gary Jenkins , credit strategist at Evolution Securities Ltd.

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Bond Market: Calif., You’re No Greece (BusinessWeek)

March 31st, 2010 at 10:12am Under Greek News

Even with an $18B budget gap, California has investors ‘coming to America’ as state’s debt appears safer bet than Greece

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Greece Says It Plans to Sell Global Dollar Bond By Early May (Bloomberg)

March 31st, 2010 at 09:59am Under Greek News

March 31 (Bloomberg) — Greece plans to sell a global bond in dollars in late April or early May after sending a delegation to visit the U.S., said Petros Christodoulou , director general of the Public Debt Management Agency.

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Dollar Rebounds on Greece Concerns (TheStreet.com)

March 31st, 2010 at 09:54am Under Greek News

The USD firms against the majors as Greece’s fiscal problems morph into a larger structural issue for Europe.

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Greece plans global USD bond (Reuters via Yahoo! UK & Ireland News)

March 31st, 2010 at 09:26am Under Greek News

Greece will issue a global U.S. dollar denominated bond in late April or early May, the head of the country’s debt agency (PDMA) said on Wednesday.

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Greece’s Seven-Year Government Notes Fall in 2nd Day of Trading (Bloomberg)

March 31st, 2010 at 08:53am Under Greek News

March 31 (Bloomberg) — Greece’s seven-year notes fell in the second day of trading, according to Royal Bank of Scotland Group Plc prices on Bloomberg.

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Greece Plans to Sell Global Dollar Bond by Early May (Update3) (BusinessWeek)

March 31st, 2010 at 08:29am Under Greek News

Greece plans to sell a global bond in dollars in the next two months as part of a plan to raise 11.6 billion euros ($15.6 billion) in funding by the end of May after investors lost money on its most recent sale.

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Greece reissues 20-year state bond in urgent auction (People’s Daily)

March 31st, 2010 at 07:07am Under Greek News

Greece reissued on Tuesday a 20- year state bond in an urgent auction which lasted just a few hours, and closed with a total of 390 million euros (about 525.8 million U.S. dollars) raised at an interest rate of 5.9 percent. The amount gathered by the Greek Organization of Public Debt Management is much less than the target set this time. The organization sought one billion euros initially. The …

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