What next? Greek debt swap a success, credit default swaps triggered–but surely you didn’t think the Greek debt crisis was over?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The Greek debt swap has passed the 75% threshold, both Reuters and Dow Jones report
It looks like the participation in the Greek debt swap has passed the magic 75% threshold. Both Reuters and Dow Jones are reporting that number quoting sources in the Greek government. A meeting of the Greek cabinet has just ended with Finance Minister Evangelos Venizelos saying that the debt swap is going well.
Greek swap offer reaches 58% participation; Europe’s markets conclude the debt swap will succeed
The count of bondholders agreeing to swap their Greek government bonds for a new issue has reached 58%, according to Bloomberg. The 58% figure puts the offer within easy reach of the 66% threshold that would enable Greece to invoke recently added collective action clauses and compel 90% participation
Right now the odds are that the Greek debt swap will go ahead on Thursday and trigger credit default swaps
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Is the the long-dreaded and long-awaited correction? We’ll know by Thursday or Friday
The markets are clearly down but investors won’t know whether or not this goes from being a reaction to worries over the Greek debt swap to a true correction of 8% to 10% or so until Thursday and Friday of this week.
The global financial casino is moving on–to China
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...What are the odds that the Greek debt swap could still fail? Even the question sets the markets churning
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Now it’s the Dutch with a budget deficit problem (albeit a small one)
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Tepid growth (in the U.S.) is better than no growth at all (in the EuroZone)
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...European banks borrow 530 billion euros from the European Central Bank; euro falls and dollar climbs
European banks signed up to borrow 530 billion euros ($712 billion) from the European Central Bank, the bank announced today, in the central bank’s new offering of 3-year loans. That’s up from the record 489 billion euros banks borrowed in December in the central bank’s first offering of three-year money. The number of banks participating soared to 800 from 523 in December.
The Greek debt crisis keeps on giving–on Thursday we’ll find out if the latest package triggers payouts in the credit default swaps market
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Jim’s Stock Alerts
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