Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1

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c'e' poca pressione in lettera, evidentemente il mercato sta' scontando che la grecia non fara' default.. almeno in senso letterale.
il seguo la '24 4.70% e la '25ind.
 
si, si salicchia

c'e' poca pressione in lettera, evidentemente il mercato sta' scontando che la grecia non fara' default.. almeno in senso letterale.
il seguo la '24 4.70% e la '25ind.

:ciao: Si Jessica, si salicchia anche nei titoli italiani. Peccato, per poco, non essere riusciti a entrare venerdì nel 37. Aspettiamo il prossimo giro ;).
Ciao, ciao, Giuseppe
 
ASE Maintains Upward Trend



Athens market is willing to maintain its upward trend of previous sessions, as the General Index moves above 1550 units.

Banks had been posting profits of 2% earlier, while Eurobank’s and Alpha Bank’s gains stood out across FTSE20, as they rise by more than 2.5%.

Kyprou Securities remains cautious “following a full 15% total rise for the FTSE ASE 20 during the last 9 trading sessions,” according to its morning report.

“Although there are plenty of rumours, we have no specific official developments on the Greek debt on European level. Therefore, since valuations become less meaningful on the back of the excess Greek state debt crisis we are cautious for the overbought local market that reaches technical resistance levels”, Kyprou adds.

Marfin Analysis notes that “some profit taking on stocks that have rallied the previous week should not be ruled out”.

Pegasus Securities anticipates “the positive news-flow as well as the improved psychology of the investors to boost the market, at the opening, to higher levels”.

It adds that “a drawback during the day, due to profit taking movements, will create buying opportunities while the Foreign markets could affect the direction of the General Index.”

Technically, 1.554 and 1.570 consist the first and second level of resistance respectively, according to Pegasus.

Across the board, the General Index is at 1552.72, rising by 1.05% in a turnover of EUR47mn. A total amount of 71 shares rise, 45 decline and 36 remain unchanged.

Banks are at 1385.34 units, up 1.67%. Eurobank and Alpha Bank climb by 2.71% and 2.68 respectively, while National Bank and Piraeus Bank rise by 1.47% and 1.84 respectively. On the other hand, Marfin Popular Bank declines by 1.79%.

(capital.gr)
 
Si becca il default tra un paio d'anni e con un recovery praticamente pari allo 0% visto che il grosso del debito pubblico greco sara' verso istituzioni sovranazionali privilegiate ed assolutamente indisponibili anche al piu' minuscolo degli abbuoni.

questo del privilegio in effetti dà da pensare
... ma nessuno stato europeo fallirà ;)
 
Germany:Proposal On Greek Debt Buy Back Circulating In Europe

First Published Monday, 24 January 2011 11:54 am - © 2011 Need to Know News


BERLIN (MNI) - Proposals under which Greece would buy back its own debt with money from the European Financial Stability Facility (EFSF) are currently circulating in Europe, a German government spokesman said Monday.

German weekly Der Spiegel reported over the weekend that EFSF head Klaus Regling had proposed such a plan. According to the magazine, the buy-back proposal received support at last week's Eurogroup meeting. It also quoted an unidentified German finance ministry official as calling the plan a "good idea."
Asked about the Spiegel story, German government spokesman Steffen Seibert said today "it seems to be true that such proposals exist because we are reading them and they are circulating in Europe."
There is no lack of individual proposals, Seibert remarked. However, the German government sees the need for a complete package and would "contribute" to forming such a plan, he pledged.
On Thursday, Regling said in a radio interview that markets were too pessimistic on Greece's fiscal situation.
"Markets are assuming that Greece needs a debt restructuring," the EFSF head observed. "But that is not backed by the actual developments, because the [economic reform] program in Greece is going well.""We assume that by implementing these reforms the creditworthiness of Greece will rise again," he added.
The German finance ministry on Wednesday firmly rejected media reports saying that the German government is planning for a restructuring of Greek debt.



(imarketnews.com)
 
Si becca il default tra un paio d'anni e con un recovery praticamente pari allo 0% visto che il grosso del debito pubblico greco sara' verso istituzioni sovranazionali privilegiate ed assolutamente indisponibili anche al piu' minuscolo degli abbuoni.

Non credo, piuttosto in questo scenario il mercato avrà titoli zombie con poco circolante e non ritengo il valore dei titoli tenderà a 100, piuttosto il contrario a meno delle imminenti scadenze.
Il rimborso istituzionale è certo come affermi ma è anche più plausibile una estensione dei termini di restituzione del capitale qualora servisse all'eurozona.

Dipende tutto dal deficit di bilancio che accumuleranno nei prossimi due anni i greci come dicevo pocanzi, questo del buyback è solo un mezzuccio per rivitalizzare artificialmente il mercato degli investitori. Sarebbe peraltro poco sensato che le banche si disfacessero dei loro titoli in perdita per poi tornare a comprarli in asta sulle nuove emissioni.

La Grecia resta un paese tecnicamente fallito tenuto in vità solo in virtù dell'appartenenza all'euro, è necessario non dimenticarlo.
 
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