Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1 (7 lettori)
- Creatore Discussione Imark
- Data di Inizio
- Stato
forzaroma
Forumer attivo
A questo punto siamo proprio a livello "carta straccia", il valore dei titoli è addirittura inferiore al rating "B+" assegnato l'altra settimana.
Mi chiedo che cosa le poderose "istituzioni" hanno fatto negli ultimi 12 mesi, visto che la situazione è diventata così insostenibile. Cioè io ti aiuto, mi impegno a darti montagne di denaro e poi non contro quello che fai, mi sembra assurdo, per non dire altro. A questo punto è chiaro che il paese è in mano ad incompetenti che non hanno neanche più il coraggio (come facevano lo sorso anno,sic!!!) di rassicurare continuamente il mercato e rispondere agli attacchi giornalistici e non. Mi sembra calato un silenzio spettrale...mah!!!
Altra questine: mi sembra di ricordare che anche i cinesi si erano fortemente impegnati, investendo in titoli di stato ed altro, questi resteranno a guardare passivamente?speriamo almeno in loro, visto che hanno camionate di yen da "devolvere" in giro per il mondo...
Mi chiedo che cosa le poderose "istituzioni" hanno fatto negli ultimi 12 mesi, visto che la situazione è diventata così insostenibile. Cioè io ti aiuto, mi impegno a darti montagne di denaro e poi non contro quello che fai, mi sembra assurdo, per non dire altro. A questo punto è chiaro che il paese è in mano ad incompetenti che non hanno neanche più il coraggio (come facevano lo sorso anno,sic!!!) di rassicurare continuamente il mercato e rispondere agli attacchi giornalistici e non. Mi sembra calato un silenzio spettrale...mah!!!
Altra questine: mi sembra di ricordare che anche i cinesi si erano fortemente impegnati, investendo in titoli di stato ed altro, questi resteranno a guardare passivamente?speriamo almeno in loro, visto che hanno camionate di yen da "devolvere" in giro per il mondo...
tommy271
Forumer storico
Euro CDS: Banks Hit On Peripherals/Capital Raising
LONDON, May 23 (MNI) - European credit markets have had a very negative session with higher beta financials and cyclicals widening sharply in places. The move comes as European bourses have also broken down through the ranges seen over the past few weeks on increasing concerns over a Greek restructuring of default.
In the wake of S&P putting Italy on negative watch there was initially some dramatic widening in Italian banks, but most benchmarks had later moved off their worst levels, albeit still 6-10 basis points wider on the day. Elsewhere, sub debt is underperforming with indices 10bps wider at 258bps.
With Greek spreads today hitting an eye watering 13.75% and technical support being broken in a number of key stock and credit indices, we look set to explore further downside short term. Xover is currently 10bps wider at 371bps.
European bank shares have been hammered today with peripheral related institutions bearing the brunt of the sell off. Spanish and Italian banks have seen in excess of 1% declines. Commerzbank shares, however, are by far the worst performers after the bank said it wants to raise about E5.3 billion by selling new shares. In all, 2.44 bln shares are to be sold at E2.18 a piece and existing shareholders will be allowed to subscribe to 10 new shares for every 11 held.
This is expected to bring the bank's Tier I capital ratio to 8.8%, basically in line with peers and the capital injection will allow the bank to repay state aid. The steep sell off comes as the discount on the new shares is substantially bigger than the market was expecting. CDS in the banks is also underperforming a little, widening nearly 8bps to 155bps.
Elsewhere in Italy, Intesa Sanpaolo will begin selling E5 bln worth of new shares at E1.369 a piece today. The bank will offer two common shares for every seven common savings shares held. In announcing the pricing of the deal last Thursday the bank said its pro-forma core Tier 1 ratio after the capital increase would be 9.8%, one of the strongest in Italy.
Intesa Sanpaolo is one of a number of Italian banks that have announced rights issues ahead of upcoming EU stress tests. Shares in Intesa Sanpaolo are slightly lower today in line with the market, but CDS is 8bps wider at 146bps, basically in line with the move in Italian sovereign debt.
Late Friday, Credit Agricole S.A. and core subsidiaries had their ratings lowered by S&P To 'A+/A-1' (outlook stable) following action on Greece. S&P said, on May 9, 2011, that it lowered its sovereign ratings on Greece to 'B/C' from 'BB-/B' and maintained them on CreditWatch negative, reflecting rising rescheduling risk for Greece's sovereign debt.
"We consider that French banking group Credit Agricole (GCA) has a significant sensitivity to Greece's creditworthiness and economic prospects, primarily through subsidiary Emporiki's funding needs and exposure to local credit risk, therefore we are lowering our ratings on Credit Agricole S.A. and its related core subsidiaries to 'A+/A-1' from 'AA-/A-1+'," S&P said.
"The stable outlook reflects our view that GCA's businesses are performing well, and that the group has a strong retained earnings capacity which would allow it to absorb possible losses from Greek exposures and build up capital at a pace, and up to a level, which we see as consistent with the 'A+' rating," S&P added.
The agency cited the heightened risk of credit losses or writedowns at CA's Greek banking unit for the move.
CA's senior CDS is little changed on the downgrade at 134bps, but sub debt in the bank is 4bps wider at 261bps. This is much in line with the general widening in sub debt this morning.
(imarketnews.com)
LONDON, May 23 (MNI) - European credit markets have had a very negative session with higher beta financials and cyclicals widening sharply in places. The move comes as European bourses have also broken down through the ranges seen over the past few weeks on increasing concerns over a Greek restructuring of default.
In the wake of S&P putting Italy on negative watch there was initially some dramatic widening in Italian banks, but most benchmarks had later moved off their worst levels, albeit still 6-10 basis points wider on the day. Elsewhere, sub debt is underperforming with indices 10bps wider at 258bps.
With Greek spreads today hitting an eye watering 13.75% and technical support being broken in a number of key stock and credit indices, we look set to explore further downside short term. Xover is currently 10bps wider at 371bps.
European bank shares have been hammered today with peripheral related institutions bearing the brunt of the sell off. Spanish and Italian banks have seen in excess of 1% declines. Commerzbank shares, however, are by far the worst performers after the bank said it wants to raise about E5.3 billion by selling new shares. In all, 2.44 bln shares are to be sold at E2.18 a piece and existing shareholders will be allowed to subscribe to 10 new shares for every 11 held.
This is expected to bring the bank's Tier I capital ratio to 8.8%, basically in line with peers and the capital injection will allow the bank to repay state aid. The steep sell off comes as the discount on the new shares is substantially bigger than the market was expecting. CDS in the banks is also underperforming a little, widening nearly 8bps to 155bps.
Elsewhere in Italy, Intesa Sanpaolo will begin selling E5 bln worth of new shares at E1.369 a piece today. The bank will offer two common shares for every seven common savings shares held. In announcing the pricing of the deal last Thursday the bank said its pro-forma core Tier 1 ratio after the capital increase would be 9.8%, one of the strongest in Italy.
Intesa Sanpaolo is one of a number of Italian banks that have announced rights issues ahead of upcoming EU stress tests. Shares in Intesa Sanpaolo are slightly lower today in line with the market, but CDS is 8bps wider at 146bps, basically in line with the move in Italian sovereign debt.
Late Friday, Credit Agricole S.A. and core subsidiaries had their ratings lowered by S&P To 'A+/A-1' (outlook stable) following action on Greece. S&P said, on May 9, 2011, that it lowered its sovereign ratings on Greece to 'B/C' from 'BB-/B' and maintained them on CreditWatch negative, reflecting rising rescheduling risk for Greece's sovereign debt.
"We consider that French banking group Credit Agricole (GCA) has a significant sensitivity to Greece's creditworthiness and economic prospects, primarily through subsidiary Emporiki's funding needs and exposure to local credit risk, therefore we are lowering our ratings on Credit Agricole S.A. and its related core subsidiaries to 'A+/A-1' from 'AA-/A-1+'," S&P said.
"The stable outlook reflects our view that GCA's businesses are performing well, and that the group has a strong retained earnings capacity which would allow it to absorb possible losses from Greek exposures and build up capital at a pace, and up to a level, which we see as consistent with the 'A+' rating," S&P added.
The agency cited the heightened risk of credit losses or writedowns at CA's Greek banking unit for the move.
CA's senior CDS is little changed on the downgrade at 134bps, but sub debt in the bank is 4bps wider at 261bps. This is much in line with the general widening in sub debt this morning.
(imarketnews.com)
tommy271
Forumer storico
A questo punto siamo proprio a livello "carta straccia", il valore dei titoli è addirittura inferiore al rating "B+" assegnato l'altra settimana.
Mi chiedo che cosa le poderose "istituzioni" hanno fatto negli ultimi 12 mesi, visto che la situazione è diventata così insostenibile. Cioè io ti aiuto, mi impegno a darti montagne di denaro e poi non contro quello che fai, mi sembra assurdo, per non dire altro. A questo punto è chiaro che il paese è in mano ad incompetenti che non hanno neanche più il coraggio (come facevano lo sorso anno,sic!!!) di rassicurare continuamente il mercato e rispondere agli attacchi giornalistici e non. Mi sembra calato un silenzio spettrale...mah!!!
Altra questine: mi sembra di ricordare che anche i cinesi si erano fortemente impegnati, investendo in titoli di stato ed altro, questi resteranno a guardare passivamente?speriamo almeno in loro, visto che hanno camionate di yen da "devolvere" in giro per il mondo...
I cinesi si erano impegnati nell'acquisto di Bond GGB, qualora gli ellenici tornassero sul Primario.
L'evento non si è verificato.
Non yen ma yuan.
tommy271
Forumer storico
Το πατριωτικό καθήκον δεν επιτρέπει ολιγοψυχία, είπε ο πρωθυπουργός στο Υπουργικό
Κρίσιμη συνεδρίαση
Το πατριωτικό καθήκον δεν επιτρέπει ολιγοψυχία, ήταν το μήνυαμ του πρωθυπουργού Γιώργου παπανδρέου προς τους υπουργούς στην κρίσιμη συνεδρίαση του Υπουργικού Συμβουλίου που ξεκίνησε λίγο πριν από τη 1 το μεσημέρι.
(tanea.gr)
***
Usate il traduttore, prime dichiarazioni.
"Il dovere patriottico di non essere eccessivamente cauto ..."
Κρίσιμη συνεδρίαση
Το πατριωτικό καθήκον δεν επιτρέπει ολιγοψυχία, ήταν το μήνυαμ του πρωθυπουργού Γιώργου παπανδρέου προς τους υπουργούς στην κρίσιμη συνεδρίαση του Υπουργικού Συμβουλίου που ξεκίνησε λίγο πριν από τη 1 το μεσημέρι.
(tanea.gr)
***
Usate il traduttore, prime dichiarazioni.
"Il dovere patriottico di non essere eccessivamente cauto ..."
Ultima modifica:
tommy271
Forumer storico
Γ.Παπανδρέου: Η μάχη συνεχίζεται χωρίς πισωγυρίσματα
NAFTEMPORIKI.GR Δευτέρα, 23 Μαϊου 2011 14:05
Αποτρέψαμε τον κίνδυνο χρεοκοπίας, όμως η μάχη για τη σωτηρία της χώρας συνεχίζεται, χωρίς πισωγυρίσματα, τόνισε ο πρωθυπουργός Γιώργος Παπανδρέου στο υπουργικό Συμβούλιο.
Στην υπηρέτηση του πατριωτικού καθήκοντος για τη σωτηρία της χώρας δεν συγχωρείται λιγοψυχία, διεμήνυσε ο Πρωθυπουργός μιλώντας στους υπουργούς του, για να προσθέσει στη συνέχεια ότι «όπως πριν από ένα χρόνο, έτσι και τώρα παίρνουμε τις αποφάσεις που χρειάζονται για να αποφύγουμε οριστικά τον κίνδυνο και να αλλάξουμε οριστικά τη χώρα».
Αποτρέψαμε τον κίνδυνο χρεοκοπίας της χώρας, τη βάλαμε σε τροχιά νοικοκυρέματος και ανάπτυξης και δεν μας επιτρέπεται κανένα πισωγύρισμα, ξεκαθάρισε και καταλήγοντας υπογράμμισε: «Έχουμε χρέος απέναντι στη χώρα και στον ελληνικό λαό να διασφαλίσουμε τη μελλοντική μας πορεία».
***
La Battaglia continua, senza battute d'arresto.
NAFTEMPORIKI.GR Δευτέρα, 23 Μαϊου 2011 14:05
Αποτρέψαμε τον κίνδυνο χρεοκοπίας, όμως η μάχη για τη σωτηρία της χώρας συνεχίζεται, χωρίς πισωγυρίσματα, τόνισε ο πρωθυπουργός Γιώργος Παπανδρέου στο υπουργικό Συμβούλιο.
Στην υπηρέτηση του πατριωτικού καθήκοντος για τη σωτηρία της χώρας δεν συγχωρείται λιγοψυχία, διεμήνυσε ο Πρωθυπουργός μιλώντας στους υπουργούς του, για να προσθέσει στη συνέχεια ότι «όπως πριν από ένα χρόνο, έτσι και τώρα παίρνουμε τις αποφάσεις που χρειάζονται για να αποφύγουμε οριστικά τον κίνδυνο και να αλλάξουμε οριστικά τη χώρα».
Αποτρέψαμε τον κίνδυνο χρεοκοπίας της χώρας, τη βάλαμε σε τροχιά νοικοκυρέματος και ανάπτυξης και δεν μας επιτρέπεται κανένα πισωγύρισμα, ξεκαθάρισε και καταλήγοντας υπογράμμισε: «Έχουμε χρέος απέναντι στη χώρα και στον ελληνικό λαό να διασφαλίσουμε τη μελλοντική μας πορεία».
***
La Battaglia continua, senza battute d'arresto.
Ultima modifica:
METHOS
Forumer storico
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