Public sector bonds: Greece 1, Critics 0

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Public sector bonds: Greece 1, Critics 0

The Hellenic Republic was attacked by some bond bankers for launching too many bonds too quickly in January and February, damaging their market performance. But now Greece looks clever. It has made very good headway with its funding programme for the year, while markets have got more difficult. The game isn’t over, but as the first quarter draws to an end, it is round one to Greece.

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