Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
- Data di Inizio
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PASTELLETTO
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tommy271
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Più bello il DAX e il CAC in profondo rosso ...
g.ln
Triplo Panico: comprare
tommy271
Forumer storico
Debt Discussion Weighs On ASE
Contagion fears weigh heavily on Eurozone and force European markets to massive sell-offs. Losses of 2% across Europe, Greek banks fall by 5%.
The bond spreads of peripheral Eurozone move again close to new highs, while the euro continues its free fall, moving close to $1.385. In the Milan Stock Exchange, banks received a new blow, as the trading of UniCredit has been suspended after a limit down.
The European officials failed to convince the market that they are close to a comprehensive solution for the debt crisis at the Eurogroup meeting yesterday. The German finance minister said that there is time until September for the Greek problem, but the markets don’t seem to share the same opinion.
Europe is losing control, as it has been dilatory in reaching a solution for Greece, Nikos Chryssochoidis, CEO of N.Chryssochoidis Securities, told
Capital.gr.
According to Nikos Chryssochoidis, Greece is in a bad position for two reasons. Firstly, because there is no solution to its problems yet and secondly there is a growing talking that Greece should be sacrificed in order to save Italy.
“Unfortunately, foreigners understand that the likelihood of an accident is increasing”, he added.
Marfin Analysis expects the uncertainty to continue in anticipation of the EU’s decision for handling Greek debt, which is not expected however before the end of July.
On the board, the General Index is at 1,189.21 units with losses of 2.43%. Intraday losses reached 4.34%, while the turnover stands at €36.85m. A total amount of 89 share decline, only 77 rise and 15 remain unchanged.
Banks fall by 4.91% at 822.66 units. Marfin Popular Bank loses 9.26%, while ATEBank declined by 7.95%. Bank of Cyprus, Hellenic Postbank and Piraeus Bank post losses of 6.82%, 6.18% and 5.32% respectively.
(capital.gr)
Contagion fears weigh heavily on Eurozone and force European markets to massive sell-offs. Losses of 2% across Europe, Greek banks fall by 5%.
The bond spreads of peripheral Eurozone move again close to new highs, while the euro continues its free fall, moving close to $1.385. In the Milan Stock Exchange, banks received a new blow, as the trading of UniCredit has been suspended after a limit down.
The European officials failed to convince the market that they are close to a comprehensive solution for the debt crisis at the Eurogroup meeting yesterday. The German finance minister said that there is time until September for the Greek problem, but the markets don’t seem to share the same opinion.
Europe is losing control, as it has been dilatory in reaching a solution for Greece, Nikos Chryssochoidis, CEO of N.Chryssochoidis Securities, told
Capital.gr.
According to Nikos Chryssochoidis, Greece is in a bad position for two reasons. Firstly, because there is no solution to its problems yet and secondly there is a growing talking that Greece should be sacrificed in order to save Italy.
“Unfortunately, foreigners understand that the likelihood of an accident is increasing”, he added.
Marfin Analysis expects the uncertainty to continue in anticipation of the EU’s decision for handling Greek debt, which is not expected however before the end of July.
On the board, the General Index is at 1,189.21 units with losses of 2.43%. Intraday losses reached 4.34%, while the turnover stands at €36.85m. A total amount of 89 share decline, only 77 rise and 15 remain unchanged.
Banks fall by 4.91% at 822.66 units. Marfin Popular Bank loses 9.26%, while ATEBank declined by 7.95%. Bank of Cyprus, Hellenic Postbank and Piraeus Bank post losses of 6.82%, 6.18% and 5.32% respectively.
(capital.gr)
tommy271
Forumer storico
Deputy FinMin Doubts Privatization Targets
Greek Deputy Finance Minister Pantelis Economou doubts the country will sell all assets included in the privatization program, said Reuters citing a parliamentary transcript.
"I predict, and you will see that I΄ll be right, that not everything earmarked for privatisation will be sold, but much less. This is not possible (to sell everything)," Economou said in the House.
Investors were nowadays not primarily interested in buying companies but rather in financial instruments, the deputy told Greek lawmakers.
(capital.gr)
Greek Deputy Finance Minister Pantelis Economou doubts the country will sell all assets included in the privatization program, said Reuters citing a parliamentary transcript.
"I predict, and you will see that I΄ll be right, that not everything earmarked for privatisation will be sold, but much less. This is not possible (to sell everything)," Economou said in the House.
Investors were nowadays not primarily interested in buying companies but rather in financial instruments, the deputy told Greek lawmakers.
(capital.gr)
cariatide
Forumer attivo
Grecia assegna 1,625 mld titoli Stato 6 mesi,tasso 4,90% (4,96%) 11:36
ATENE, 12 luglio (Reuters) - L'agenzia per la gestione del debito pubblico ellenico comunica di aver collocato 1,625 miliardi di euro in titoli del Tesoro a sei mesi, assegnati a un tasso di 6 tick inferiore a quello del mese scorso
tommy271
Forumer storico
TASSI LIEVEMENTE IN CALO, IN AUMENTO IL BID-COVER
ATHENS, Greece — Greece has raised €1.62 billion ($2.28 billion) in an auction of 26-week treasury bills, held as Greek and European debt fears continue to rattle international markets.
The bills were sold Tuesday at a yield of 4.90 percent, easing slightly from a June 14 auction at a rate of 4.96 percent, according to a statement from Greece's Public Debt Management Agency says read out on state television.
Tuesday's sale was oversubscribed 2.88 times.
Greece has been locked out of long-term debt markets by exorbitant borrowing costs, with the interest demanded for 10-year bonds remaining above 17 percent.
(Associated Presse)
Bid/cover da 2,58 a 2,88.
Partecipazione dall'estero al 22% rispetto al dato precedente del 37%
La PDMA non ha accettato ulteriori offerte pari a 375 MLN.
ATHENS, Greece — Greece has raised €1.62 billion ($2.28 billion) in an auction of 26-week treasury bills, held as Greek and European debt fears continue to rattle international markets.
The bills were sold Tuesday at a yield of 4.90 percent, easing slightly from a June 14 auction at a rate of 4.96 percent, according to a statement from Greece's Public Debt Management Agency says read out on state television.
Tuesday's sale was oversubscribed 2.88 times.
Greece has been locked out of long-term debt markets by exorbitant borrowing costs, with the interest demanded for 10-year bonds remaining above 17 percent.
(Associated Presse)
Bid/cover da 2,58 a 2,88.
Partecipazione dall'estero al 22% rispetto al dato precedente del 37%
La PDMA non ha accettato ulteriori offerte pari a 375 MLN.
Ultima modifica:
Imark
Forumer storico
Si ma scusa non ho capito...il fondo comprerebbe a sconto sul mercato secondario in maniera libera? Come farebbe, mettendosi anche pesante in lettera in basso così da deprimere le quotazioni? Ma se procede in questo modo, ma il riacquisto è solo volontario, chi impedisce di tenere e lasciar maturare...
Sempre nell'ipotesi che il meccanismo, vuoi con il buyback e annullamento anche del debito in mano alla bce, vuoi con la collaborazione delle banche possa comunque dare un sufficiente sollievo alla Grecia e che con gli stessi mezzi del fondo si possa onorare il debito non ricomprato e cancellato?
Mi puoi spiegare cortesemente, non ho capito cosa intendi con il buyback a mercato che non avvenga come proposta di OPS.
Grazie veramente se puoi spiegarmi....
Non ho capito bene i passaggi grassettati, specie le frasi sottolienate.
Parliamo di cose astratte, che non meritano tempo, in attesa che istituzionalmente si definiscano i dettagli della cosa.
Credo saranno offerte pubbliche di acquisto di tds emessi effettuate sotto la pari. Almeno questo... nel senso che mi sembra impraticabile l'ipotesi che il fondo possa acquistare a mercato aperto, come fosse un hedge fund qualunque.
Credo che questo meccanismo abbia delle implicazioni tecniche da valutare (a partire dal fatto che il lancio di un'offerta di questo tipo da parte di un fondo di salvataggio con finalità di riduzione del debito sono convinto valga default tecnico sui titoli soggetti a riacquisto).
Se è questo il meccanismo (ridurre il debito dei paesi in difficoltà offrendone pubblicamente il riacquisto sotto la pari) sono convinto che il meccanismo crei aspettative ulteriori, per i paesi europeriferici, che il debito non sarà onorato con il ripagamento a scadenza al 100 e questo, secondo me, costituisce incentivo a vendere piuttosto che a tenere in portafoglio questi titoli per investitori quali i fondi pensione o altri con una prospettiva di lungo termine.
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