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Tuesday, June 4, 2013

US firm makes surprise offer for Greek bonds

A US investment firm is offering to buy as much as 10 percent of all outstanding Greek government bonds in an offer that surprised traders both because of its low price and its unexpected origin.Japonica Partners, a Rhode Island-based firm not known for previous investments in government debt, launched a tender offer for up to 2.9 billion euros in face value of ...

READ THE ORIGINAL POST AT www.greekherald.com