Greek Government Bonds

European shares sank almost 4 per cent and government bond yields in Italy, Spain and Portugal jumped on Monday as investors priced in a growing risk that Greece will be the first country to leave the euro.

Private investors hold 38.7 billion euros of Greek government bonds following a major write-down and debt swap in 2012 that reduced the Greek debt stock by 107 billion euros and the value of private holdings by an estimated 75 percent.

Failure in the latest talks aimed at averting a Greek default hurt shares in Europe and Asia on Monday, drove investors into the safety of low-risk government bonds and weighed on the euro.

Greek premier Alexis Tsipras was to meet with European Commission chief Jean-Claude Juncker today after he agreed with the leaders of France and Germany to intensify efforts for a bailout deal aimed at preventing Athens from going bankrupt.

Greece needs to strike a deal with its creditors by the end of the month to stay afloat, the government said on Monday, as investors ditched Greek bonds in a sign of growing concern about possible bankruptcy.

Greece's new government has proposed ending a standoff with its international creditors by swapping its outstanding debt for new growth-linked bonds, Finance Minister Yanis Varoufakis was quoted as saying on Monday.

Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback that is key to the country's international bailout, a Greek government official said on Saturday.

Global shares slid for a sixth day while safe-haven U.S. and German government debt rose on Wednesday

Uncertainty over Greek and French election implications made shares dip even lower today.

Following weeks of intense discussions, the Greek government said Friday that 83.5 per cent of private investors holding its government bonds were participating in a bond swap. Of the investors holding the euro177 billion ($234 billion) in bonds governed by Greek law, 85.8 per cent joined.

Greece has seen a strong takeup of its bond swap offer to private investors, a government official said.

Greece's six largest banks have agreed to participate in a crucial bond-swap deal, the government said.

Greece's political leaders struck a historic deal Thursday to make deep cuts in government jobs and spending to help save the country from a default that could shock the world financial system. The deal is one of two critical steps Greece must take to receive a euro130 billion ($170 billion) bailout from other countries in Europe and around the glo...

Crucial negotiations between the Greek government and its private creditors on a bond swap deal needed to avoid default appeared close to collapse Friday.

The Greek government was holding crucial talks with its private investors to finally reach a deal on a bond swap

European shares sank almost 4 per cent and government bond yields in Italy, Spain and Portugal jumped on Monday as investors priced in a growing risk that Greece will be the first country to leave the euro.

Private investors hold 38.7 billion euros of Greek government bonds following a major write-down and debt swap in 2012 that reduced the Greek debt stock by 107 billion euros and the value of private holdings by an estimated 75 percent.

Failure in the latest talks aimed at averting a Greek default hurt shares in Europe and Asia on Monday, drove investors into the safety of low-risk government bonds and weighed on the euro.

Greek premier Alexis Tsipras was to meet with European Commission chief Jean-Claude Juncker today after he agreed with the leaders of France and Germany to intensify efforts for a bailout deal aimed at preventing Athens from going bankrupt.

Greece needs to strike a deal with its creditors by the end of the month to stay afloat, the government said on Monday, as investors ditched Greek bonds in a sign of growing concern about possible bankruptcy.

Greece's new government has proposed ending a standoff with its international creditors by swapping its outstanding debt for new growth-linked bonds, Finance Minister Yanis Varoufakis was quoted as saying on Monday.

Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback that is key to the country's international bailout, a Greek government official said on Saturday.

Global shares slid for a sixth day while safe-haven U.S. and German government debt rose on Wednesday

Uncertainty over Greek and French election implications made shares dip even lower today.

Following weeks of intense discussions, the Greek government said Friday that 83.5 per cent of private investors holding its government bonds were participating in a bond swap. Of the investors holding the euro177 billion ($234 billion) in bonds governed by Greek law, 85.8 per cent joined.

Greece has seen a strong takeup of its bond swap offer to private investors, a government official said.

Greece's six largest banks have agreed to participate in a crucial bond-swap deal, the government said.

Greece's political leaders struck a historic deal Thursday to make deep cuts in government jobs and spending to help save the country from a default that could shock the world financial system. The deal is one of two critical steps Greece must take to receive a euro130 billion ($170 billion) bailout from other countries in Europe and around the glo...

Crucial negotiations between the Greek government and its private creditors on a bond swap deal needed to avoid default appeared close to collapse Friday.

The Greek government was holding crucial talks with its private investors to finally reach a deal on a bond swap