How big write down is priced in PIGS bonds?

freddiemac · March 14th, 2011, 6:33 pm

How can you calculate or estimate how big a write down is priced in eg PIGS bonds? I have searched the forum but could not find old posts of this. If there are old posts, can you please tell me which ones? Any thoughts on this is much appreciated!

plus · March 16th, 2011, 9:49 am

Look the yields up and then calculate the price of the bonds - compare with Germany for instance.