Investors who bought credit default swaps on Greek debt will receive 78.5% of the total value of Greek bonds, or a total of about $2.5B, an auction yesterday determined, The New York Times reported ...
LONDON, June 9 (Reuters) - The cost to insure Greek, Irish and Portuguese debt against default hit record highs on Thursday, after data showed Greek gross domestic product contracted more than ...
LONDON, April 22 (Reuters) - The cost of insuring Greek government debt against default rose to a record high on Thursday, making it the most expensive debt to insure in Europe, as markets continued ...
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