Greece government bonds
Greece's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.
By currency
| Bonds | Measured against | Count | Spread | 10-year spread | Priced-in 5y odds | 1-month change | Median yield | Held by US funds |
|---|---|---|---|---|---|---|---|---|
| EUR Euro members, euro bonds (vs German Bunds) | vs German Bunds | 33 | 64 bp | 67 bp | 5.2% | +4 bp | 3.82% | $1.29B |
Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.
EUR spread history
Median spread vs German Bunds, month-ends with complete filings. Fund-reported.
Greece's EUR curve
Yield to maturity of each EUR bond US funds hold (17 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Who holds Greece's debt
Fund series holding Greece's government and government-related bonds in their latest quarterly report: 61 now, 62 a quarter earlier. Names as reported in the filings.
| Fund series | Report | Bonds | Face value | Value |
|---|---|---|---|---|
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND | 2026-07-31 | 9 | $429.1M | $471.9M |
| Bond Fund of America | 2026-06-30 | 4 | $343.6M | $394.4M |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 9 | $334.5M | $369.0M |
| Fidelity Series International Developed Markets Bond Index Fund | 2026-06-30 | 9 | $293.4M | $330.8M |
| American Balanced Fund | 2026-06-30 | 3 | $256.6M | $298.6M |
| PGIM Total Return Bond Fund | 2026-07-31 | 1 | $191.9M | $233.7M |
| PIMCO Income Fund | 2026-06-30 | 4 | $187.3M | $221.1M |
| PGIM Global Total Return Fund | 2026-07-31 | 20 | $87.2M | $88.6M |
| American Funds Global Balanced Fund | 2026-07-31 | 4 | $54.9M | $59.3M |
| The Bond Fund of America | 2026-06-30 | 3 | $44.3M | $50.7M |
| Nuveen International Aggregate Bond ETF | 2026-06-30 | 18 | $40.1M | $45.3M |
| Capital World Bond Fund | 2026-06-30 | 8 | $40.7M | $45.2M |
| Templeton Global Bond Fund | 2026-06-30 | 2 | $37.7M | $44.6M |
| VANGUARD CORE BOND FUND | 2026-06-30 | 2 | $30.5M | $35.2M |
| iShares Core International Aggregate Bond ETF | 2026-07-31 | 13 | $24.4M | $27.2M |
| BlackRock Strategic Income Opportunities Portfolio | 2026-06-30 | 1 | $24.1M | $27.0M |
| Templeton Global Bond VIP Fund | 2026-06-30 | 2 | $17.1M | $20.3M |
| Nuveen International Bond Fund | 2026-06-30 | 8 | $15.2M | $17.2M |
| Franklin International Aggregate Bond ETF | 2026-06-30 | 1 | $13.4M | $15.1M |
| VANGUARD STAR CORE-PLUS BOND FUND | 2026-07-31 | 1 | $11.8M | $12.6M |
ETFs holding Greece's bonds
From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Value | % of net assets |
|---|---|---|---|---|
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 9 | $369.0M | 0.30% |
| NXUS Nuveen International Aggregate Bond ETF | 2026-06-30 | 18 | $45.3M | 1.17% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 13 | $27.2M | 0.24% |
| FLIA Franklin International Aggregate Bond ETF | 2026-06-30 | 1 | $15.1M | 1.97% |
| BWX State Street(R) SPDR(R) Bloomberg International Treasury Bond ETF | 2026-06-30 | 12 | $10.2M | 0.76% |
| VCRB VANGUARD CORE BOND ETF | 2026-06-30 | 3 | $5.8M | 0.08% |
| CGIB Capital Group International Bond ETF (USD-Hedged) | 2026-06-30 | 3 | $2.6M | 0.96% |
| BWZ State Street(R) SPDR(R) Bloomberg Short Term International Treasury Bond ETF | 2026-06-30 | 3 | $2.2M | 0.75% |
| VPLS VANGUARD CORE-PLUS BOND ETF | 2026-06-30 | 3 | $1.3M | 0.08% |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.