Hypo Real Estate, BNP, SocGen Hold Most Greek Sovereign Debt

Germany’s Hypo Real Estate Holding AG and France’s BNP Paribas SA and Societe Generale SA have the biggest holdings of Greek sovereign debt among European Union banks, according to a European Commission report.

Hypo Real Estate held 7.9 billion euros ($10 billion) of Greek government bonds in March, the Commission said in a report today, citing data from the EU’s bank stress tests published last month. BNP Paribas held 5 billion euros of debt and Societe Generale had 4.2 billion euros.