The Greek have voted to reject further austerity measures which is likely to prolong a possible aid package from the Troika.
It is therefore important to note the upcoming payments Greece is facing as market pressures are likely to increase in the run up to these events if no deal is struck.
These payments are in addition to the EUR 1.6 billion already owed to the IMF.
10th July
EUR 2bn T-bill redemption
13th July
EUR 500m IMF loan redemption
16th July
Governing Council monetary policy meeting of the ECB in Frankfurt
17th July
EUR 1bn T-bill redemption
20th July
EUR 4bn ECB held government bond redemption
1st August
EUR 200m IMF interest payment
7th August
EUR 1bn T-bill redemption
20th August
EUR 3.5bn ECB held government bond redemption
(Source: Reuters, Bloomberg, ECB)
