Wednesday, March 31, 2010

Greece’s 7yr sale on Mon continues to trade poorly in the secondary market…

         Greece's 7yr sale on Mon continues to trade poorly in the secondary market…according to the FT today: Greece still has big problems," said a senior banker. "The Greek bond syndication was very disappointing. Investors still do not have faith in Greece and are only prepared to buy the bonds for higher yields." (FT) 

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