S&P cuts Greece's long-term debt rat

December 08 [Sat], 2012, 1:11
NEW YORK (Reuters) - Standard & Poor's on Wednesday cut Greece's sovereign long-term foreign currency credit rating to "selective default" from an already low "CCC" rating.

Last week Greece and its international lenders reached a deal to lower the country's debt burden, which included a debt buyback.

The decision to lower the sovereign rating follows the government's invitation to private sector bondholders to participate in the debt buyback "which under our criteria we view as a selective default," S&P said in an e-mailed statement.

"When the buyback is consummated (which we understand is scheduled to occur on or about December 17, 2012), we will likely consider the selective default to be cured and raise the sovereign credit rating on Greece to the 'CCC' category," the statement said.

The outlook on the rating remains negative.

Euro zone finance ministers and the International Monetary Fund reached agreement on November 26 for steps to cut Greece's public debt and help the country regain access to international financial markets.

Greece said it would spend 10 billion euros to buy back bonds at a price range that topped market expectations. The move is seen as central to put the near-bankrupt country's debt back on a sustainable footing.

The buyback will be conducted through a modified Dutch auction in which investors declare at what level they are willing to sell their bonds before Athens sets a final price. (Reporting by U.S. Treasury Desk)



http://herujack.insanejournal.com/2559.html
http://blog.yahoo.com/_7YTWULHN2UWMWAZIJBSJ2WI2MY/articles/894321
http://friendfeed.com/vmyna/e3d54a22/watch-secret-diary-of-call-girl-final-season
http://mikedfai.blog.fc2.com/blog-entry-10.html
http://cartermp.blog.fc2.com/blog-entry-12.html
http://blog.yahoo.com/_HTV3DK7HMRDHU66ZY2LXRNTY2E/articles/832881
http://beulahao.blog.fc2.com/blog-entry-15.html
http://peceyoga.insanejournal.com/2651.html
http://lenardpatb.blogbaker.com/2012/12/07/download-the-dusk-online
http://blog.yahoo.com/_2MZ4YDEUVZG76VN6VXFUFS7B5E/articles/879522
http://audieuua.blogbaker.com/2012/12/07/pandemia-movie-summary
http://jaefrot.soup.io/post/290562488/Ball-Games-Teaching-Mat-Basic-Skills-of
http://friendfeed.com/uceso/52af5c43/trackers-movie-download
http://friendfeed.com/sfiui/feebc78c/full-kuraingu-furiman-movie
http://friendfeed.com/ndakvma/5e519a26/art-of-steal-movie-summary
http://arliedeibbi.webs.com/apps/blog/show/20767594
http://macarump.insanejournal.com/2729.html
http://twitpic.com/bjs6rh
  • URL:https://yaplog.jp/awildaooui/archive/1
Comment
小文字 太字 斜体 下線 取り消し線 左寄せ 中央揃え 右寄せ テキストカラー 絵文字 プレビューON/OFF

不正な自動コメント投稿を防ぐため、チェックボックスにチェックをしてください。

利用規約に同意
 X 
禁止事項とご注意
※本名・メールアドレス・住所・電話番号など、個人が特定できる情報の入力は行わないでください。
「ヤプログ!利用規約 第9条 禁止事項」に該当するコメントは禁止します。
「ヤプログ!利用規約」に同意の上、コメントを送信してください。
プロフィール
  • プロフィール画像
  • アイコン画像 ニックネーム:awildaooui
読者になる
2012年12月
« 前の月  |  次の月 »
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31
最新コメント
ヤプミー!一覧
読者になる
P R
カテゴリアーカイブ
月別アーカイブ
https://yaplog.jp/awildaooui/index1_0.rdf