LONDON (Reuters) - One of the world's biggest bond investors, PIMCO, has been cutting its Greek government debt holdings and is unlikely to be interested in any new bond issue from the country, the firm's head of portfolio management in Germany said on Tuesday.
Greece is eyeing its first sovereign bond issue in three years as early as July, but disagreements among its lenders over debt relief may delay its plans."We have some exposures in some funds but not generally across the firm ... As the prices have started rising again, we have been reducing those exposures," said Andrew Bosomworth.PIMCO is one of the largest holders of a five-year bond Greece sold in a brief return to markets in 2014