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Bondholders Weigh Greek Debt Exchange

Participation dogged by fears Greece wont meet terms of rescue package.

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Questions over Greece’s ability to meet the terms of its first rescue package are dogging the indebted nation as bondholders weigh whether to participate in a debt exchange that’s crucial to a second bailout.

Greece is seeking preliminary responses today from bond investors to the proposed debt swap, part of a 159 billion-euro ($220 billion) European Union rescue plan agreed upon in July. Responses to the inquiry, which is not a formal offer, are nonbinding and will be aggregated by regulators on a country-by-country basis, according to the Greek government.

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