Twenty Third Floor

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Greek probability of default to 98%

September 12, 2011

David Kirk

Greek probability of default, under some models and assumptions, is at 98%, which is easily within the margin of error of 100% given only marginally different assumptions of Loss Given Default.

2 responses to “Greek probability of default to 98%”

Angel

14 September 2011

Ok right,

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Greek default? | Twenty Third Floor

27 October 2011

[…] only partly true? Well it’s not necessarily a “loss” for private investors. The probability of default on Greek bonds has been just about 100% for a while now. This probability of default is derived from market prices for Greek bonds and market spreads on […]

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Twenty Third Floor

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Greek probability of default to 98%

2 responses to “Greek probability of default to 98%”

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