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Bond swap programme covered by 86.1 pct, Finance Ministry says

Bond swap programme covered by 86.1 pct, Finance Ministry says

The bond swap programme reached a coverage rate of 86.1 pct, evidence of the huge response by bondholders to the invitation of the Greek authorities, a Finance ministry announcement said on Wednesday.

Finance ministry sources told Athens-Macedonian News Agency that in reality the coverage rate exceeded 86.1 pct, given the fact that state bonds worth 2.5 billion euros were excluded -for institutional reasons – from the bond swap programme.

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