 Economic Times | Greek Bond Buyback Leads S&P to Cut to Selective Default Bloomberg Greece's credit grade was reduced to SD, or selective default, by Standard & Poor's from CCC after the government began buying its bonds back from investors, a statement on the rating company's website said yesterday. The nation has offered 10 billion ... Greek Bonds Now Defaulted, Also Extra Attractive S&P cuts Greek credit rating to selective default John Kolesidis/ReutersThe offices of Greece's finance and development ... |
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