Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
- Data di Inizio
- Stato
robinson
Forumer storico
una domanda (dal parco buoi):
domattina quindi è possibile portarsi in acquisto
(più che per guadagnare, per diminuire il pmc ed almeno arrivare prima al pareggio)
oppure c'è il rischio di un nostro coinvolgimento (come retail) con
haircut od allungamenti che non ci hanno ancora comunicato?
Non è che domattina si compra e poi ci dicono, ad esempio, che il 30% viene spazzolato?
Mi pare di avere capito, dall' euforia, che sembriamo salvi;
ma ne vorrei essere oltremodo certo.
GRAZIE!
domattina quindi è possibile portarsi in acquisto
(più che per guadagnare, per diminuire il pmc ed almeno arrivare prima al pareggio)
oppure c'è il rischio di un nostro coinvolgimento (come retail) con
haircut od allungamenti che non ci hanno ancora comunicato?
Non è che domattina si compra e poi ci dicono, ad esempio, che il 30% viene spazzolato?
Mi pare di avere capito, dall' euforia, che sembriamo salvi;
ma ne vorrei essere oltremodo certo.
GRAZIE!
asterix967
Nuovo forumer
2 cose:
La prima è che non ho ancora letto nulla delle dichiarazioni della Merkel, ma solo di Sarko.
La seconda aspetto domani per vedere l'andamento dei mercati e POI festeggio (eventualmente)... ormai sono diventato diffidente, che ci posso fare..
La prima è che non ho ancora letto nulla delle dichiarazioni della Merkel, ma solo di Sarko.
La seconda aspetto domani per vedere l'andamento dei mercati e POI festeggio (eventualmente)... ormai sono diventato diffidente, che ci posso fare..
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frmaoro
il Fankazzista
Crisi/ Sarkozy: in estate proposte per migliorare la governance
di: TMNews Pubblicato il 21 luglio 2011| Ora 21:32
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Bruxelles, 21 lug. (TMNews) - Delle proposte per migliorare la governance dell'eurozona saranno avanzata "entro la fine dell'estate" assieme alla cancelliera tedesca Angela Merkel. Lo ha affermato in conferenza stampa, al termine del vertice dell'eurogruppo, il presidente francese Nicolas Sarkozy. Il cancelliere tedesco Angela "Merkel ed io abbiamo convenuto che sarà necessario fare dei passi avanti nella governance economica nelle prossime settimane in modo ambizioso e convinto", ha aggiunto Sarkozy. "Prima della fine dell'estate faremo delle proposte (...) La nostra ambizione è di cogliere l'occasione della crisi greca per fare un salto qualitativo nella governance dell'eurozona". (fonte afp
di: TMNews Pubblicato il 21 luglio 2011| Ora 21:32
Share
Bruxelles, 21 lug. (TMNews) - Delle proposte per migliorare la governance dell'eurozona saranno avanzata "entro la fine dell'estate" assieme alla cancelliera tedesca Angela Merkel. Lo ha affermato in conferenza stampa, al termine del vertice dell'eurogruppo, il presidente francese Nicolas Sarkozy. Il cancelliere tedesco Angela "Merkel ed io abbiamo convenuto che sarà necessario fare dei passi avanti nella governance economica nelle prossime settimane in modo ambizioso e convinto", ha aggiunto Sarkozy. "Prima della fine dell'estate faremo delle proposte (...) La nostra ambizione è di cogliere l'occasione della crisi greca per fare un salto qualitativo nella governance dell'eurozona". (fonte afp
belindo
Guest
Buonasera a tutti, ho capito che il fondo ESFS da 440MLD può comprare anche sul secondario e non solo Grecia, ma eventualemtne Italia e Spagna, ho capito che il prestito nuovo sarà a 15 anni al 3.5% che è un regalo, ma per il rollover?
Le obbligazioni verranno rimborsate normalmente o ci sarà un rollover con scadenze a 30 per gli istituzionali? questo non ho capito................
Le obbligazioni verranno rimborsate normalmente o ci sarà un rollover con scadenze a 30 per gli istituzionali? questo non ho capito................
StockExchange
Forumer storico
tommy271
Forumer storico
IF:Greece Financing Offer Wld Provide 54 bln 2011-2014 -Text
WASHINGTON (MNI) - The Institute for International Finance, a global banking group, Thursday released a statement on the refinancing offer for the Greece debt crisis:
The IIF Board announced today the attached IIF Financing Offer for Greece. The program offers a menu of new instruments to investors in order to mobilize voluntary participation of investors with a target participation rate of 90%. This will provide financing to Greece of 54 billion from mid-2011 to mid-2014 and a total of 135 billion from mid-2011 to end-2020.
Greece's debt profile will be improved substantially with the exchange and roll-over program extending average maturities of privately held claims from 6 to 11 years. The stock of debt will be reduced by 13.5 billion through the bond exchange program and potentially much more through a debt buyback program that is to be defined by the official sector. The debt exchanges, lending and roll-overs will take place at rates that are broadly comparable to that being extended by the EU (see attached Financing Offer and Term Sheet). The new instruments will have significantly longer maturities up to 30 years.
Dr. Josef Ackermann, Chairman of the Board of the Institute, stated, "We believe that taken together with the intention of the EU to improve the terms of its financial assistance to Greece, the recently strengthened economic reform program of the Greek government and the additional support of the IMF, this offer can contribute substantially to improving the competitiveness of the Greek economy."
Mr. Charles Dallara, Managing Director of the IIF added, "With this offer, the global investor community is stepping forward in recognition of the unique challenges facing Greece. The removal of financing uncertainties will allow Greece to focus on the key elements of the reform program itself-further fiscal adjustment, revenue enhancement, privatization, and other structural reforms-which can lay the basis for renewed growth."
As explained in the Financing Offer, investors will be offered four new instruments in addition to the opportunity to participate in a debt buyback program to be established by the Greek government in consultation with the official sector. The instruments are structured to attract voluntarily a wide range of investors. The four instruments involve:
1) A Par Bond Exchange into a 30 year instrument
2) A Par Bond offer involving rolling-over maturing Greek government bonds into 30 year instruments
3) A Discount Bond Exchange into a 30 year instrument
4) A Discount Bond Exchange into a 15 year instrument For instruments, 1, 2 and 3 the principal is fully collateralized by 30 year zero coupon AAA Bonds. For instrument 4, the principal is partially collateralized through funds held in an escrow account. All of the debt servicing risk on these new instruments, however, remains full Greek risk.
Dr. Ackermann stated, "This offer is part of a comprehensive package which involves a balance of interest for all parties. Greece will benefit from the improved EU terms, the support of the IMF, and the substantial financing and debt reduction coming from the private sector. The EU will benefit from the voluntary support by the private investor community and the very real prospect of drawing a line under this exceptional support for Greece. The private investor community will benefit from a more stable financial and economic environment."
WASHINGTON (MNI) - The Institute for International Finance, a global banking group, Thursday released a statement on the refinancing offer for the Greece debt crisis:
The IIF Board announced today the attached IIF Financing Offer for Greece. The program offers a menu of new instruments to investors in order to mobilize voluntary participation of investors with a target participation rate of 90%. This will provide financing to Greece of 54 billion from mid-2011 to mid-2014 and a total of 135 billion from mid-2011 to end-2020.
Greece's debt profile will be improved substantially with the exchange and roll-over program extending average maturities of privately held claims from 6 to 11 years. The stock of debt will be reduced by 13.5 billion through the bond exchange program and potentially much more through a debt buyback program that is to be defined by the official sector. The debt exchanges, lending and roll-overs will take place at rates that are broadly comparable to that being extended by the EU (see attached Financing Offer and Term Sheet). The new instruments will have significantly longer maturities up to 30 years.
Dr. Josef Ackermann, Chairman of the Board of the Institute, stated, "We believe that taken together with the intention of the EU to improve the terms of its financial assistance to Greece, the recently strengthened economic reform program of the Greek government and the additional support of the IMF, this offer can contribute substantially to improving the competitiveness of the Greek economy."
Mr. Charles Dallara, Managing Director of the IIF added, "With this offer, the global investor community is stepping forward in recognition of the unique challenges facing Greece. The removal of financing uncertainties will allow Greece to focus on the key elements of the reform program itself-further fiscal adjustment, revenue enhancement, privatization, and other structural reforms-which can lay the basis for renewed growth."
As explained in the Financing Offer, investors will be offered four new instruments in addition to the opportunity to participate in a debt buyback program to be established by the Greek government in consultation with the official sector. The instruments are structured to attract voluntarily a wide range of investors. The four instruments involve:
1) A Par Bond Exchange into a 30 year instrument
2) A Par Bond offer involving rolling-over maturing Greek government bonds into 30 year instruments
3) A Discount Bond Exchange into a 30 year instrument
4) A Discount Bond Exchange into a 15 year instrument For instruments, 1, 2 and 3 the principal is fully collateralized by 30 year zero coupon AAA Bonds. For instrument 4, the principal is partially collateralized through funds held in an escrow account. All of the debt servicing risk on these new instruments, however, remains full Greek risk.
Dr. Ackermann stated, "This offer is part of a comprehensive package which involves a balance of interest for all parties. Greece will benefit from the improved EU terms, the support of the IMF, and the substantial financing and debt reduction coming from the private sector. The EU will benefit from the voluntary support by the private investor community and the very real prospect of drawing a line under this exceptional support for Greece. The private investor community will benefit from a more stable financial and economic environment."
- Stato
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