Portugal is selling debt maturing in 2024 via banks, according to a person familiar with the plan, its second bond sale this year as the nation approaches the end of its three-year international bailout program. The additional 10-year securities may yield 320 to 325 basis points more than the mid-swap […]
Tag: bailout
Russian bailout wins Ukraine economic respite but deepens political rift
Ukraine’s President Viktor Yanukovich has secured a $15 billion bailout from Russia, offering respite for an economy heading ever closer to default but also drawing accusations he has sold his country out to its former Soviet master. By grasping the lifeline thrown by Russian leader Vladimir Putin, Yanukovich reignited demands […]
Investors offer about $38.8 billion in Greek debt buyback: source
By George Georgiopoulos Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback that is key to the country’s international bailout, a Greek government official said on Saturday. Greek and foreign bondholders offered the targeted 30 billion euros ($38.8 […]
