Greece Meets Goal in Debt Buyback Sought to Unlock Aid
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Greece drew enough bonds to its buyback of sovereign debt to meet a goal that’s crucial to unlocking aid from the International Monetary Fund and European Union, a government official said.
Investors tendered Greek bonds with a face value of more than 31 billion euros ($40.3 billion), the Finance Ministry official said yesterday, asking not to be identified because he isn’t authorized to speak publicly. He didn’t provide further details.