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Re: Tuff-Stuff post# 461434

Tuesday, 05/15/2012 5:45:26 AM

Tuesday, May 15, 2012 5:45:26 AM

Post# of 648882
Despite the turmoil in Greece, an official says the government will be able to repay €430M in bonds that mature today.

Greece will pay holders of a 430 million euro bond that matures on May 15, a government official said on Tuesday.

"The bond will be paid," the official, who did not want to be named, told Reuters.

The remaining amount of the bond had not been exchanged under a debt swap the country completed in March.

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