Chart of the Day: PIIGS Bond Maturities

This is a major factor contributing to the Eurozone stress that just won’t go away.  SpiegelOnline charts show the PIIGS must redeem bonds totaling over Euro45o BN in 2011, of which, Euro 128.3BN are Spanish Bonds and Euro264.6 BN Italian Bonds.  Looks like 2011 is shaping up to be the year of “rollover risk.”