The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 8, 2023.
The drama isn't over: Sources say the extension applies to six of eight bonds under discussion, with voting delayed on the other two.
The embattled developer has already dodged default twice this month, winning a three-year extension on offshore bond payments and making a last-minute coupon payment.
Traders certainly lean toward a quarter-point hike next week, putting the probability at about 80%.
But they're split on the chances of another, laying just north of 50/50 odds of one by March.
Persons:
Kevin Buckland, Kazuo Ueda's, rumblings, BOE, Catherine Mann, it's, Sam Holmes
Organizations:
REUTERS, Staff, HK, Bank of Japan, Bank of England, Federal Reserve, ECB, Fed, Traders, Spain CPI, Thomson
Locations:
Frankfurt, Germany, Asia, Spain