Uneasy quiet in SSA markets as issuers await Greece swap

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Uneasy quiet in SSA markets as issuers await Greece swap

An eerie calm has fallen over the SSA market as banks and issuers await the results of the Greek Private Sector Initiative (PSI) debt swap on March 8 and a decision to reached by an ISDA Determinations Committee on March 1 on whether the Greek government's decision to include collective action clauses on its debt should trigger payments on Greek CDS.

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