November 29, 2010 10:25 AM
This is a major factor contributing to the Eurozone stress that just won’t go away. SpiegelOnline charts show the PIIGS must redeem bonds totaling over Euro45o BN in 2011, of which, Euro 128.3BN are Spanish Bonds and Euro264.6 BN Italian Bonds. Looks like 2011 is shaping up to be the year of “rollover risk.”
Posted by macromon
Categories: Black Swan Watch, Bonds, PIIGS, Sovereign Debt, Sovereign Risk
Tags: Soveign Debt, Sovereign Risk
Mobile Site | Full Site
Get a free blog at WordPress.com Theme: WordPress Mobile Edition by Alex King.
[…] collective firepower to only €1.6 trillion, not enough to cover all of the PIIGS’ debts, although enough to last through about 2015 — but that’s assuming the PIIGS take on no new […]
By NetRight Daily » The End of the euro? on January 10, 2012 at 6:00 AM