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View Full Version : Fitch Says 50% Greek Bond Haircut Would Be Default Event - Bloomberg



NewsWhore
10-28-2011, 11:20 AM
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Fitch Says 50% Greek Bond Haircut Would Be Default Event (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHISpMPNsg4oik0iN6a7hvorolIgA&url=http://www.bloomberg.com/news/2011-10-28/fitch-says-50-greek-bond-haircut-would-be-default-event.html)
Bloomberg
A credit event can be caused by a reduction in principal or interest, postponement or deferral of payments or a change in the ranking or currency of obligations, according to the New York-based trade group&#39;s rules. ING&#39;S Garvey said Fitch&#39;s ...

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