Friday 14 September 2012

Greece pays Hellenic Railway Bond

According to press reports the Hellenic Republic paid in full the Hell.Railways bond that was maturing yesterday. To remind everyone, the bond with ISIN FR0000489676 was under English law and bondholders turned down the PSI offer. This makes two in a row of Foreign law bonds that have been paid in full despite the fact that the bailout money did budget for them. Next one, is I believe is on 21 Dec 2012, ISIN XS0208636091