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Greek pension funds to take up debt swap offer

Published November 15, 2017 Updated November 15, 2017 09:48pm

The Bank of Greece manages a big part of Greek pension funds' assets.

Greece has invited private bondholders - holders of debt issued in 2012 in a haircut scheme - to trade them in for 5 new benchmark ones. The cut off date for the offer, which is voluntary, is Nov. 28.

 

Copyright Reuters, 2017