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Greek Debt Outperforms Investment-Grade
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Greek debt outperforms investment-grade rated sovereign borrowers, with a 14% return over the past five years. Despite conflicting credit ratings, Greece consistently raises money at a lower cost and fetches bond prices similar to A-rated countries.
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How do the findings of Greek debt's investment-grade status influence investor sentiment towards other countries with similar credit ratings?
How might the outperformance of Greek debt impact investment strategies in the sovereign debt market?
What factors contribute to the conflicting credit ratings of Greek debt?
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