Who owns greek government bonds

Develop and improve products. List of Partners vendors. It is not easy for investors to buy Greek government bonds. Lack of access and liquidity and the size of investment required puts Greek sovereign debt out of reach for many. The only way to buy a Greek government bond is through a bank or broker, or through a hedge fund that has built significant exposure.

However, if you're willing to go though the trouble and possess the necessary capital and tolerance for risk, then acquiring Greek debt may be worth the effort. Greece has been the go-to market for yield hungry investors ever since the country underwent debt restructuring in Over the past five years, the index has returned Investing in Greek government bonds is appropriate only for financially sound investors with a high tolerance for risk.

As of April , Fitch Ratings had assigned Greek long-term debt a BB rating, which denotes an elevated risk for default relative to other issuers. Therefore, only investors who can afford to lose that kind of money should even consider looking at Greek debt as a possible investment.

The arguments for an investment in Greek debt paying off handsomely are essentially twofold. The first is a belief that the Greek economy and the Greek government won't simply totally collapse and default on every obligation imaginable across the board. While that's not a given, advocates for investing in Greek debt make the argument that such a catastrophic total collapse is not really among the likely possibilities and that the total doomsayers are being overly pessimistic.

Greece is in a financial mess, but it's such a mess that at this point that about the only direction left may be one of upward improvement. This has led a handful of long-term investment analysts to recommend the purchase of Greek year bonds.

The second linchpin of the argument for investing in Greek debt is the fact that thanks to its debt restructuring, other than its current bond obligations, the Greek government has no other significant debt obligations until JP Morgan Chase was one of the managers of the sale.

There are really only a couple of avenues open for purchasing Greek bonds. There are no Greek bond ETFs currently available. There are a couple of hedge funds , such as Dan Loeb's Third Point, that have made significant investments in Greek debt , but those don't represent an investment purely in Greek bonds. The other option is to go through a brokerage such as Fidelity or Charles Schwab. Greek bonds aren't listed as available investments on their websites, but you can contact a broker specializing in foreign bonds to make the purchase on your behalf.

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