Journal Article
The mysterious Greek yield curve
Abstract: The hump in the Greek yield curve exists because the calculated yields assume that the bonds will pay off at their full value but market prices incorporate expectations that the payoff will be much lower.>
Keywords: Greece; Bonds; Government securities;
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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/12/ES_2012-03-02.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2012
Order Number: 6