Greek bonds pricing default? 1-year 82%

Discussion in 'Economics' started by the1, Sep 5, 2011.

  1. the1

    the1

  2. Why don't they just change the way they pay it?
     
  3. What a buy? 82% yield? hahaha
     
  4. bond investors r ultra conservative. so its investment grade or junk no in between
     
  5. the1

    the1

    The last time I saw a quote of something in the area of 82% was when Enron was in trouble. We all know how that ended.

     
  6. So if you buy Greek bonds the Greek government will repay you your money with 82% interest added ontop?? :confused:
     
  7. I don't think that is right?
     
  8. clacy

    clacy

    There is no saving Greece. Turn out the lights.
     
  9. How do you term saving?
     
  10. That shouldn't even be a question. No, I'm not explaining.
     
    #10     Sep 5, 2011