Bloomberg News

Greek PSI Bonds Due 2023 Yield Declines

March 12, 2012

Greek government bonds due in February 2023 following the nation’s debt swap were bid at 27.1 cents on the euro, Commerzbank AG data on Bloomberg showed at 8:55 a.m. London time.

The securities were offered at 27.937 cents, according to Citigroup Inc. prices on Bloomberg.

The bond had a bid yield of 18.83 percent and an offered rate of 18.4 percent, the data showed.

The securities were bid at 19.7 percent and offered at 19.42 percent at 4:25 p.m. on March 9, according to data compiled by Bloomberg.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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