Greece has secured enough support for its bond swap deal with private investors - a key element in a broader international bailout.
After the deadline of 2000 GMT on Thursday, an official said the government had acceptances covering about 95% of bonds eligible to take part in the offer.
Major banks and pension funds have agreed to accept cuts of around 74% in the value of their holdings in exchange for new bonds as part of a deal that will cut more than €100 billion from Greece's massive public debt.
The private sector involvement (PSI) deal is a crucial part of a broader international bailout aimed at averting a chaotic default by Greece and a potentially disastrous banking crisis across the euro zone.
After initial fears that the deal could fail altogether, the unexpectedly strong result may mean that Athens can avoid enforcing the exchange on those who have not agreed to the deal.