Tag Archives: Debt Swap

Greece Debt Swap Surprises, Great Deal for the Country

Posted on March 8, 2012 by macromon

The FT is reporting, The largest debt restructuring in history was heading for a successful outcome last night as Greece looked set to see a participation rate of close to 95 per cent for its €206bn bond exchange. One person … Continue reading →

Posted in Black Swan Watch, Bonds | Tagged , , , | 1 Comment

Greek debt swap deadline looms

Posted on March 5, 2012 by macromon

This is one of the biggest risks to the markets. Things could get ugly and if it falls apart due to an abundance of free riders and/or too many vultures holding out for full payment,  head for the bunker.   Stay … Continue reading →

Posted in Black Swan Watch, Hedge Funds, PIIGS, Sovereign Debt, Video | Tagged , , | Leave a comment

Greece is the Word

Posted on August 26, 2011 by macromon

The Greeks are starting to play hardball on their private sector debt swap warning the deal could crater if the 90 percent participation is not met.  We think there are other reasons why it is trouble. According to various news … Continue reading →

Posted in Black Swan Watch, PIIGS, Politics, Sovereign Debt, Sovereign Risk | Tagged , , , , | 3 Comments