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Athens comes up with yen to pay off series of Japanese 'samurai' bonds

China Daily | Updated: 2015-07-15 08:00

Greece on Tuesday paid off a series of "samurai bonds" to Japanese investors in a symbolic gesture to win back investor confidence, despite missing its second IMF payment in two weeks.

Bank giant Mizuho said Athens transferred 20 billion yen ($162 million) to cover the yen-denominated debt a day after Greece agreed on a deal with its creditors to tap badly needed bailout cash.

The bonds, issued to private investors by the Greek government two decades ago, matured on Tuesday.

Athens comes up with yen to pay off series of Japanese 'samurai' bonds

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