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Martin Köhring, an economist at the Economist Intelligence Unit, said the "successful" bond swap meant that Greece would not face a disorderly default when it needs to refinance around €14.4bn (£12bn) of bonds on 20 March.
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Taylor Wimpey needs to refinance its £1.9bn debt burden.
But it needs to refinance only a modest amount of maturing debt (see chart).
It needs to refinance more than $350 billion of its debt in the next six months alone.
If you're a company that needs to refinance your debt, there have been six years to get it done.
Greece needs to refinance about $27 billion in debt that matures in May, according to calculations by Bloomberg.
The flood of bonds sold by governments around the world could prove troublesome for corporate issuers needing to refinance debt.
Hicks and Gillett need to refinance Liverpool's £300m debt in July.
Banks globally need to refinance about $7 trillion of debt in all maturities by the end of 2012.
The need to refinance debt is only the most immediate of Greece's problems.
Assuming your house is still worth $400,000, you would need to refinance only $364,870.
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