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Capital Markets

Repayment of Greek samurai bonds coming due Tuesday

TOKYO/ISTANBUL -- A yen-denominated Greek government bond issued in 1995 will be due for repayment on Tuesday, drawing much of the market's focus to whether Greece will make the payment.

     "We have taken all steps required for repaying (the principal)," a senior Greek Finance Ministry official told The Nikkei Monday, suggesting Athens will be able to avert the worst-case scenario. It is customary in Greece to get paperwork done one day ahead of the deadline for pension or loan payments.

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