Non Irish Eu Government Bonds

Cavanbhoy

Registered User
Messages
86
Had a couple of questions on these

1 Has any Eu Goverment in the last 20 yrs not fulfilled there obligations on them

2 Has anyone traded them on Trade republic and what is the liquidity like.
Any inform much appreciated
Cheers
 
Greece is the only euro area country to have ever had debt restructured, in 2012 and again in 2015. AFAIK the old bonds were exchanged for new ones with lower principal and/or longer maturity. I assume they trade normally.
 
Had a couple of questions on these

1 Has any Eu Goverment in the last 20 yrs not fulfilled there obligations on them
Short answer, no. Long answer is it basically took a collective bailout to avoid Greece and a couple of other countries collapsing. You might remember one of them... Ireland!

 
Short answer, no.
Short answer is yes!

Many Greek private bondholders did not get their full principal back on time. See here.