troppidebiti
Forumer storico
sicuro sicuro?
la bce pian pianino offrirà sempre meno liquidità e queste essendo preziosa verrà utilizzata + per i crolli azionari che per i bond
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1 (4 lettori)
- Creatore Discussione Imark
- Data di Inizio
- Stato
la bce pian pianino offrirà sempre meno liquidità e queste essendo preziosa verrà utilizzata + per i crolli azionari che per i bond
The Beast
Rating? No grazie!
Imark
Forumer storico
infatti questo è quello che avevo intuito dal buon vekkio caro Trichet
Il dato della disoccupazione USA è infatti mezzo farlocco... sembrava buono, poi, scavando un pochino...
troppidebiti
Forumer storico
belle legnate che ha preso il bund...per investire in questi titoletti occorre calcolare mille fattori è davvero dura cavarci qualcosa
tommy271
Forumer storico
belle legnate che ha preso il bund...per investire in questi titoletti occorre calcolare mille fattori è davvero dura cavarci qualcosa
Pomeriggio in calo per il future bund, ma viaggiamo ancora piuttosto in alto.
E' la Grecia invece piuttosto sensibile: stamattina è crollata sull'onda di vendite da parte di qualche imprecisato "professional".
E' bastato poco per mandare lo spread a 191.
belindo
Guest
Certo che adesso a questi prezzi il 2024 al 4.7% e il 2026 al 5.3% cominciano a fare particolarmente gola!
Se non sbaglio hanno sfondato il 5% netto di resa a scadenza!
tommy271
Forumer storico
Certo che adesso a questi prezzi il 2024 al 4.7% e il 2026 al 5.3% cominciano a fare particolarmente gola!
Se non sbaglio hanno sfondato il 5% netto di resa a scadenza!
Purtroppo il venerdì mattina della scorsa settimana erano più bassi.
Ieri però abbiamo visto che un minimo accenno di vendita da parte degli istituzionali nel giro di un paio d'ore ha fatto impennare lo spread sul bund.
Sul Mot in questi giorni, la crescita e il rafforzamento sui titoli GGB sono avvenuti in presenza di volumi molto ridotti.
belindo
Guest
differenza di settimana scorsa, mi fanno gola, ma non ho intenzione di comprarmeli.
Preferisco aspettare l'inizio di settimana per vederne l'andamento che potrebbe proseguire il calo degli ultimi gg, vedremo
Preferisco aspettare l'inizio di settimana per vederne l'andamento che potrebbe proseguire il calo degli ultimi gg, vedremo
Imark
Forumer storico
Il problema della Grecia non è di liquidità nel breve periodo, bensì di solvibilità nel lungo termine, correlato all'erosione del potenziale di crescita dell'economia ellenica (che avrei aggiunto io, con l'Euro sembra soffrire non poco)
Moody's: Investor Fears Over Greek Government Liquidity Misplaced
Risk lies with long-term solvency, not short-term liquidity
London, 02 December 2009 -- Investors' fears that the Greek government may be exposed to a liquidity crisis in the short term are misplaced, says Moody's Investors Service in a new report, "Investor Fears of Liquidity Crisis in Greece are Overdone." The rating agency, which had placed the country's sovereign rating under review for possible downgrade in late October, says that its concerns are related to the erosion of the economy's potential over the long term, not to short-term liquidity risks.
"Indeed, the risk that the Greek government cannot roll over its existing debt or finance its deficit over the next few years is not materially different from that faced by several other euro area member states," explains Arnaud Marès, a Senior Vice President in Moody's Sovereign Risk Group.
"The eligibility of Greek government bonds for use as collateral in ECB operations means that there is an extremely low probability that the government's liquidity will pressured," says Mr. Marès. Only if Greek government debt became ineligible for these purposes, either from the ECB tightening its eligibility criteria or from Greece's sovereign rating falling by several notches, or a combination of both, would liquidity risk be material. Besides, Marès points out, this risk would materialise in the medium to long term, not in the short term.
However, Moody's continues to be concerned that a longer-term erosion in Greece's economic growth potential will translate into an inevitable deterioration of its creditworthiness. "In the absence of significant economic and fiscal reforms, the interests of the government's creditors and those of other stakeholders would likely come into conflict with increasing frequency," indicates Sarah Carlson, a Vice President-Senior Analyst in Moody's Sovereign Risk Group. "Given the nature of the political economy in Greece, it is not a foregone conclusion that any such tensions would be resolved to the benefit of debt holders." These concerns will be addressed in the context of the ongoing review of Greece's sovereign ratings.
Moody's placed Greece's A1 long-term foreign and local currency ratings on review for possible downgrade on 29 October 2009. Moody's expects to complete its review in late 2009 or early 2010.
Moody's: Investor Fears Over Greek Government Liquidity Misplaced
Risk lies with long-term solvency, not short-term liquidity
London, 02 December 2009 -- Investors' fears that the Greek government may be exposed to a liquidity crisis in the short term are misplaced, says Moody's Investors Service in a new report, "Investor Fears of Liquidity Crisis in Greece are Overdone." The rating agency, which had placed the country's sovereign rating under review for possible downgrade in late October, says that its concerns are related to the erosion of the economy's potential over the long term, not to short-term liquidity risks.
"Indeed, the risk that the Greek government cannot roll over its existing debt or finance its deficit over the next few years is not materially different from that faced by several other euro area member states," explains Arnaud Marès, a Senior Vice President in Moody's Sovereign Risk Group.
"The eligibility of Greek government bonds for use as collateral in ECB operations means that there is an extremely low probability that the government's liquidity will pressured," says Mr. Marès. Only if Greek government debt became ineligible for these purposes, either from the ECB tightening its eligibility criteria or from Greece's sovereign rating falling by several notches, or a combination of both, would liquidity risk be material. Besides, Marès points out, this risk would materialise in the medium to long term, not in the short term.
However, Moody's continues to be concerned that a longer-term erosion in Greece's economic growth potential will translate into an inevitable deterioration of its creditworthiness. "In the absence of significant economic and fiscal reforms, the interests of the government's creditors and those of other stakeholders would likely come into conflict with increasing frequency," indicates Sarah Carlson, a Vice President-Senior Analyst in Moody's Sovereign Risk Group. "Given the nature of the political economy in Greece, it is not a foregone conclusion that any such tensions would be resolved to the benefit of debt holders." These concerns will be addressed in the context of the ongoing review of Greece's sovereign ratings.
Moody's placed Greece's A1 long-term foreign and local currency ratings on review for possible downgrade on 29 October 2009. Moody's expects to complete its review in late 2009 or early 2010.
porchetto
la casa non fallisce
quindi mi sembra di capire conviene rimanere piuttosto liquidi ora, riprendendo il discorso che abbiamo fatto sul 3d delle perpetue
- Stato