Titoli di Stato area Euro CIPRO Operativo titoli di stato
- Creatore Discussione russiabond
- Data di Inizio
IL MARATONETA
Forumer storico
Stamani per inserirmi l'ordine sul 2020 4,63% la banca ha chiesto di passarlo a 98,00 ma ho rifiutato.
Hobbit64
Forumer attivo
Non so come funziona l'OTC con la tua banca, se ti lascia aperto l'ordine, mi posizionerei su 97, cmq considerando le cedole e i prezzi ribadisco che l'unica che si compra discretamente bene è la 2020
tommy271
Forumer storico
Government bond rating upgrade from Moody’s
By Constantinos Psillides
BOND CREDIT ratings business Moody’s upgraded Cyprus’ government bond rating to B3 from Caa3 and has also changed the outlook on the government bond rating to stable from positive and affirmed Cyprus’ Not-Prime (NP) short-term rating.
According to a statement issued on Friday, “the upgrade reflects the government’s progress to date in addressing the country’s key challenges with respect to macroeconomic stability, fiscal consolidation and banking sector stability.”
According to the bond credit rating scale, a Caa3 rating means that “the obligor is currently vulnerable, and is dependent upon favourable business, financial, and economic conditions to meet its financial commitments,” while a B3 rating means that “the obligor is less vulnerable in the near term than other lower-rated obligors. However, it faces major ongoing uncertainties and exposure to adverse business, financial, or economic conditions which could lead to the obligor’s inadequate capacity to meet its financial commitments.”
The agency attributes the upgrade to two factors: “The consolidation of the government’s fiscal position, as illustrated by an expected return to a primary budget surplus from 2014, and the expectation that public debt relative to GDP will level off in 2015.” The second factor is the “the stabilisation of Cyprus’ financial sector through the recapitalisation of troubled banks, which, to some extent, lowers the risk that bank-related contingent liabilities will crystallise on the government’s balance sheet.
Moody’s report is not all positive though. The credit rating agency notes that the government bond is constrained by “substantial credit challenges including a weak economic outlook and the very high and still rising non-performing loans (NPLs) in the banking sector, which generate further negative risks to the government’s balance sheet.
Despite the Moody’s rating upgrade, the island’s economy is still stuck in recession according to the news agency Reuters, which cited flash data on Friday.
The data indicate that the pace of decline is flattening out because of a mild yearly increase in tourism revenue and that the output on Cyprus contracted by 0.4 per cent in the third quarter from the second, revised to a fall of 0.4 per cent from an earlier reported 0.3 per cent.
On a yearly basis, GDP fell 2.0 per cent compared with 2.2 per cent in the second quarter, according to Reuters.
“Authorities expect the recession to be narrower than 3.0 per cent for the whole of 2013, and a return to growth of about 0.5 per cent next year. While tourism and trade were performing well in the third quarter, the rate of growth in annual tourism revenue tapered off in August – the last available data – to 2.8 per cent compared to more than 6 per cent in July.”
(Cyprus Mail)
By Constantinos Psillides
BOND CREDIT ratings business Moody’s upgraded Cyprus’ government bond rating to B3 from Caa3 and has also changed the outlook on the government bond rating to stable from positive and affirmed Cyprus’ Not-Prime (NP) short-term rating.
According to a statement issued on Friday, “the upgrade reflects the government’s progress to date in addressing the country’s key challenges with respect to macroeconomic stability, fiscal consolidation and banking sector stability.”
According to the bond credit rating scale, a Caa3 rating means that “the obligor is currently vulnerable, and is dependent upon favourable business, financial, and economic conditions to meet its financial commitments,” while a B3 rating means that “the obligor is less vulnerable in the near term than other lower-rated obligors. However, it faces major ongoing uncertainties and exposure to adverse business, financial, or economic conditions which could lead to the obligor’s inadequate capacity to meet its financial commitments.”
The agency attributes the upgrade to two factors: “The consolidation of the government’s fiscal position, as illustrated by an expected return to a primary budget surplus from 2014, and the expectation that public debt relative to GDP will level off in 2015.” The second factor is the “the stabilisation of Cyprus’ financial sector through the recapitalisation of troubled banks, which, to some extent, lowers the risk that bank-related contingent liabilities will crystallise on the government’s balance sheet.
Moody’s report is not all positive though. The credit rating agency notes that the government bond is constrained by “substantial credit challenges including a weak economic outlook and the very high and still rising non-performing loans (NPLs) in the banking sector, which generate further negative risks to the government’s balance sheet.
Despite the Moody’s rating upgrade, the island’s economy is still stuck in recession according to the news agency Reuters, which cited flash data on Friday.
The data indicate that the pace of decline is flattening out because of a mild yearly increase in tourism revenue and that the output on Cyprus contracted by 0.4 per cent in the third quarter from the second, revised to a fall of 0.4 per cent from an earlier reported 0.3 per cent.
On a yearly basis, GDP fell 2.0 per cent compared with 2.2 per cent in the second quarter, according to Reuters.
“Authorities expect the recession to be narrower than 3.0 per cent for the whole of 2013, and a return to growth of about 0.5 per cent next year. While tourism and trade were performing well in the third quarter, the rate of growth in annual tourism revenue tapered off in August – the last available data – to 2.8 per cent compared to more than 6 per cent in July.”
(Cyprus Mail)
IL MARATONETA
Forumer storico
Credo di si'. Sto tentando di prenderle, ma il prezzo di inserimento è molto alto, 98,50!
Ma sotto 100 mi andrebbe bene comunque.
IL MARATONETA
Forumer storico
ci sono
L'ordine è stato inserito a 98,50 ma è stato eseguito a 97,55.
Bene!
30k nominali, cedola 4,625%. Mi dichiaro cassettista!
Continuerò a seguirlo per incrementare.
L'ordine è stato inserito a 98,50 ma è stato eseguito a 97,55.
Bene!
30k nominali, cedola 4,625%. Mi dichiaro cassettista!
Continuerò a seguirlo per incrementare.
Billy.2005
Nuovo forumer
uff volevo entraci anche io ma la mia banca è differente... non trova nulla...
IL MARATONETA
Forumer storico
Anche la mia è differente, deve dare l'ordine ad ICCREA!
IL MARATONETA
Forumer storico
2020 cedola 4,625
Il titolo in questi giorni è rimasto incollato tra 97 e 98. Credo che a questo prezzo sia ancora da acquistare.
Voglio valutare anche altre emissioni di Cipro, prima di decidere. Mi sembra che qualcuno aveva postato gli ISIN.
Il titolo in questi giorni è rimasto incollato tra 97 e 98. Credo che a questo prezzo sia ancora da acquistare.
Voglio valutare anche altre emissioni di Cipro, prima di decidere. Mi sembra che qualcuno aveva postato gli ISIN.