carib
rerum cognoscere causas
Comunque.. fare calcoli dettagliati prima di conoscere i dettagli.. é impossibile...
e anche l'IIF i dettagli non li ha ancora decisi...
Negotiations over the bond swaps could prove the trickiest part of the deal as it moves forward. Senior European officials believe that, because they have committed bondholders to bringing down Greek debt to 120 per cent of gross domestic product, banks and other investors in Greek bonds will have little wiggle room. “That basically limits the room for manoeuvre for coupons and maturities,” said another senior EU official.
But negotiators for bondholders clearly feel differently. Mr Dallara said that when he presented the deal to the IIF’s member financial institutions they would be satisfied the reduction in new bonds’ net present value would not be overly onerous. “That is very crucial to us and we feel confident we protected our interest in containing the net present value loss.
“We have done multiple options of coupons and constructions built around this €30bn package and we feel confident that . . . we can reach agreement on the particulars that protect the [net present value] loss.”
e anche l'IIF i dettagli non li ha ancora decisi...
Negotiations over the bond swaps could prove the trickiest part of the deal as it moves forward. Senior European officials believe that, because they have committed bondholders to bringing down Greek debt to 120 per cent of gross domestic product, banks and other investors in Greek bonds will have little wiggle room. “That basically limits the room for manoeuvre for coupons and maturities,” said another senior EU official.
But negotiators for bondholders clearly feel differently. Mr Dallara said that when he presented the deal to the IIF’s member financial institutions they would be satisfied the reduction in new bonds’ net present value would not be overly onerous. “That is very crucial to us and we feel confident we protected our interest in containing the net present value loss.
“We have done multiple options of coupons and constructions built around this €30bn package and we feel confident that . . . we can reach agreement on the particulars that protect the [net present value] loss.”