Friday, March 9, 2012

Here’s the Greek Bond Tally

by Charles Forelle

Wall Street Journal

March 9, 2012

The numbers are in. Let’s break them down.

In all, €206 billion of Greek bonds were subject to the exchange, of which:

€177 billion are Greek-government bonds issued under Greek law

€18 billion are Greek-government bonds issued under foreign law

€7 billion are bonds issued under Greek law by state-owned companies and guaranteed by Greece

€3 billion are bonds issued under foreign law by state-owned companies and guaranteed by Greece

(Yes, it doesn’t add because of rounding.)

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