New issuance grinds to a halt despite surfeit of Greece

Rev Hui

June 15, 2015 12:45 pm

Tsipras 230x150 — This photo taken on Saturday, Jan. 3, 2015 shows Greece's main opposition Syriza party leader Alexis Tsipras, speaks at his party's Congress in Athens. Greece goes to the polls on Sunday, Jan. 25, 2015 in a snap general election as the country was showing tentative signs of emerging from a deep financial crisis that has disturbed the eurozone. The vote, held more than a year early, has once more raised the specter of Grexit _ a Greek exit from Europes joint currency. (AP Photo/Petros Giannakouris) | Petros Giannakouris/AP

The impending meeting of Eurozone finance ministers this week, which is widely seen as the last chance for Greece to agree to a compromise on its debt deal, has brought the primary FIG market to a halt with both the buy and sell sides diving for safety.

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