By way of context and explanation for Thursday’s Greek carnage in the debt and derivatives markets — in which Greek-bund spreads and Greek credit default swaps spiked to fresh highs — FT Alphaville presents a round-up of its recent Greece posts:
This week:
- Greek-out! – Problems in Greek banking, analysed earlier on Thursday.
- CDS report: Greece wider than Iceland – Wednesday’s self-explanatory situation.
- Greek bonds break records, mostly just break — Greece’s troubles on Tuesday.
- Greece’s deputy PM: Nothing to see here, but over in Portugal… — Well.
Last week:
- The year in sovereign CDS: a non-hysterical view — Greek CDS, in perspective.
- Greek debt – spreading like it’s 1999 — Greek-German spreads: a milestone.
- Fitch knows what Greek CDS did last summer — More perspective on Greek CDS.
- The kindness of (bond market) strangers — Who has been holding Greek bonds?
- And Greece DOES go to market… – Details on Greece’s most recent bond issue.
And highlights from previous weeks:
- Greece and the markets, post-bailout plan — Refinancing after Europe’s plan.
- The Greek bailout, according to Paris and Berlin — The eurozone support plan.
- My Big Fat Greek Collateral Conversion — Greece’s role in new ECB lending rules.
- Brinkmanship, Greek style — How Greece has negotiated financial support.
- Greece, the IMF, a timeline — a history of Greek dalliances with Fund backing.
- Greece faces a Herculean adjustment task — The fiscal crisis at the heart of it all.