Investors offer about $38. 8 billion euros in Greek debt buyback: source
ATHENS (Reuters) – 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 billion) in the deal, which is central to efforts by Greece’s euro zone and International Monetary Fund lenders to cut its debt to manageable levels. “The buyback went well in broad terms. . . .
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