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Daily Digit: Greece's Bond Buyback Offer
10 billion euros is today's daily digit in Europe - the amount Greece will spend to buy back bonds to reduce its debt and unfreeze aid. The offer is designed to tempt bondholders to sell, in order to cut Greek debt by a net 20 billion euros. That price range is above expectations. Standard Chartered's Sarah Hewin says it's vital it attracts investors.
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