matteotosi1985
Forumer attivo
Perchè è un brutto segno se hanno preso a prezzi massimi?
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 3 (4 lettori)
- Creatore Discussione mago gambamerlo
- Data di Inizio
Perchè è un brutto segno se hanno preso a prezzi massimi?
marcob77
Moderator
allora...io ho aderito con il 2035 e richiesto il prezzo massimo...mi sono stati scalati i ggb da fineco.
avevo anche aderito con il 2029, sempre al prezzo massimo , ma i ggb sono ancora tutti lì...quindi penso che fino al 2035 abbiano comprato al presso massimo!
russiabond
Il mito, la leggenda.
...perche' da lunedi se vuoi rientrare sui GGB dovrai pagarli piu' cari...
Se hanno pagato 32 le lunghe ...saranno in tanti a ricomprare sotto e quindi si salira' i.m.h.o.
matteotosi1985
Forumer attivo
...perche' da lunedi se vuoi rientrare sui GGB dovrai pagarli piu' cari...
Se hanno pagato 32 le lunghe ...saranno in tanti a ricomprare sotto e quindi si salira' i.m.h.o.
ma io non ho aderitoQuindi per me è una buona notizia...
Io conto di riuscire a comprare altri 55/65 k di nominale appena avrò un pò di liquidità..
Poi nei prossimi anni spero che la curva dei tassi si normalizzi un pó e spero di swappare tutto sul 42 con una forbice di 10 cents ...
Ora ho 33/34/36 e 37
Forse la forbice di 10 cents non ci sarà a breve...
Io vorrei swappare da 50 a 40 cents ma probabilmente è più realistico uno swap da 55 a 46/47. Cmq ci guadagnerei altri 100k di nominale con questa mossa... Che cqlcolando che ho ancora 27 anni mi darebbero una buona pensione....
ferdo
Utente Senior
Investors offer about 30 billion euros in Greek debt buyback: source
Reuters – 24 minutes ago
By George Georgiopoulos
ATHENS (Reuters) - Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback that is key to the country's international bailout, a Greek government official said on Saturday.
Greek and foreign bondholders offered the targeted 30 billion euros ($38.8 billion) in the deal, which is central to efforts by Greece's euro zone and International Monetary Fund lenders to cut its debt to manageable levels.
"The buyback went well in broad terms. The amount offered by investors was within the range expected, about 30 billion euros," the official told Reuters on condition of anonymity. He did not provide more details.
No formal announcement is expected before Monday, another official told Reuters.
The buyback accounts for about half of a broader, 40-billion euro EU/IMF debt relief package for Athens agreed in November. The package broadly doubles the average maturity of its rescue loans to almost 30 years and cuts its interest rates by one percentage point to a level far below 1 percent.
Under its terms, Athens will spend up to 10 billion euros of borrowed money to buy back bonds with a nominal value of about 30 billion euros. This is nearly half the 63 billion euros of Greek debt held by private investors eligible for the plan.
Since the bonds are to be bought far below their nominal value, the country's net debt burden would fall by about 20 billion euros.
A successful buyback will ensure that the IMF, which contributes about a third of Greece's bailout loans, will stay on board of the rescue. It would also unlock the payment of 34.4 billion euros of aid later this month.
Athens badly needs that money to refloat its ailing economy by replenishing the capital of its cash-strapped banks and settle arrears with government suppliers.
The EU and the IMF have been withholding rescue payments to Greece for six months because it had fallen short of promises to shore up its finances, privatize and make its economy more competitive.
Athens has received 148.6 billion euros in EU/IMF funds since May 2010. It stands to get almost 90 billion euros more by the end of 2014.
But the rescue comes at a heavy price. Austerity measures taken in exchange for aid have plunged the country into economic depression. Unemployment hit a record 26 percent in September, the highest in the euro zone.
The economy is going through its fifth consecutive year of recession and is expected to have shrunk by 24 percent when recovery begins in 2014.
GREEK BANKS ON BOARD
The buyback was expected to go well after Greek banks, which hold about 17 billion euros of bonds, announced shortly before a Friday deadline they would take part. Two Cypriot lenders also said they would offer their bonds.
Foreign investors have offered between 15 and 16 billion euros worth of bonds, Greek newspapers reported on Saturday, citing initial estimates without saying how they got them.
Athens' hopes of drawing enough investors to the scheme grew after it announced better-than-expected terms on Monday, with price ranges at a premium over market prices.
The price range varied from a minimum of 30.2 to 38.1 percent and a maximum of 32.2 to 40.1 percent of the principal amount, depending on the maturities of the 20 series of outstanding bonds.
Hedge funds, which bought the debt at rock-bottom prices when it was feared the country would exit the euro, are estimated to hold a large part of Greek debt and the offer was seen as good enough to make them a nice profit.
"Athens put forth a reasonable if not generous offer for hedge funds to participate," Sassan Ghahramani, CEO at New York-based Macro Advisers, a hedge fund consultancy, said on Friday.
"I expect there will be strong participation from hedge funds, tendering a substantial portion of their Greek bond holdings," he said.
The government also enticed Greek bankers by offering to protect them from possible shareholder lawsuits stemming from the buyback.
Greek bankers had been reluctant to take part, in the fear they would book losses on top of the ones they incurred earlier this year when Athens enforced a debt cut on its bondholders.
But the lenders were nevertheless expected to participate because they depend on the bailout funds that Athens stands to receive if its bailout continues smoothly.
($1 = 0.7735 euros)
Reuters – 24 minutes agoBy George Georgiopoulos
ATHENS (Reuters) - Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback that is key to the country's international bailout, a Greek government official said on Saturday.
Greek and foreign bondholders offered the targeted 30 billion euros ($38.8 billion) in the deal, which is central to efforts by Greece's euro zone and International Monetary Fund lenders to cut its debt to manageable levels.
"The buyback went well in broad terms. The amount offered by investors was within the range expected, about 30 billion euros," the official told Reuters on condition of anonymity. He did not provide more details.
No formal announcement is expected before Monday, another official told Reuters.
The buyback accounts for about half of a broader, 40-billion euro EU/IMF debt relief package for Athens agreed in November. The package broadly doubles the average maturity of its rescue loans to almost 30 years and cuts its interest rates by one percentage point to a level far below 1 percent.
Under its terms, Athens will spend up to 10 billion euros of borrowed money to buy back bonds with a nominal value of about 30 billion euros. This is nearly half the 63 billion euros of Greek debt held by private investors eligible for the plan.
Since the bonds are to be bought far below their nominal value, the country's net debt burden would fall by about 20 billion euros.
A successful buyback will ensure that the IMF, which contributes about a third of Greece's bailout loans, will stay on board of the rescue. It would also unlock the payment of 34.4 billion euros of aid later this month.
Athens badly needs that money to refloat its ailing economy by replenishing the capital of its cash-strapped banks and settle arrears with government suppliers.
The EU and the IMF have been withholding rescue payments to Greece for six months because it had fallen short of promises to shore up its finances, privatize and make its economy more competitive.
Athens has received 148.6 billion euros in EU/IMF funds since May 2010. It stands to get almost 90 billion euros more by the end of 2014.
But the rescue comes at a heavy price. Austerity measures taken in exchange for aid have plunged the country into economic depression. Unemployment hit a record 26 percent in September, the highest in the euro zone.
The economy is going through its fifth consecutive year of recession and is expected to have shrunk by 24 percent when recovery begins in 2014.
GREEK BANKS ON BOARD
The buyback was expected to go well after Greek banks, which hold about 17 billion euros of bonds, announced shortly before a Friday deadline they would take part. Two Cypriot lenders also said they would offer their bonds.
Foreign investors have offered between 15 and 16 billion euros worth of bonds, Greek newspapers reported on Saturday, citing initial estimates without saying how they got them.
Athens' hopes of drawing enough investors to the scheme grew after it announced better-than-expected terms on Monday, with price ranges at a premium over market prices.
The price range varied from a minimum of 30.2 to 38.1 percent and a maximum of 32.2 to 40.1 percent of the principal amount, depending on the maturities of the 20 series of outstanding bonds.
Hedge funds, which bought the debt at rock-bottom prices when it was feared the country would exit the euro, are estimated to hold a large part of Greek debt and the offer was seen as good enough to make them a nice profit.
"Athens put forth a reasonable if not generous offer for hedge funds to participate," Sassan Ghahramani, CEO at New York-based Macro Advisers, a hedge fund consultancy, said on Friday.
"I expect there will be strong participation from hedge funds, tendering a substantial portion of their Greek bond holdings," he said.
The government also enticed Greek bankers by offering to protect them from possible shareholder lawsuits stemming from the buyback.
Greek bankers had been reluctant to take part, in the fear they would book losses on top of the ones they incurred earlier this year when Athens enforced a debt cut on its bondholders.
But the lenders were nevertheless expected to participate because they depend on the bailout funds that Athens stands to receive if its bailout continues smoothly.
($1 = 0.7735 euros)
russiabond
Il mito, la leggenda.
Alla fase 3 non ci credo !!
Tu che aspetti inchiodato sui GGB per 26 mesi?
E' raba da super pensionati....
a proposito hai letto menta? io quasi quasi qualcuna la prenderei, il prolema è che non tutti la trattano e non ho ancora Binck.
Non ci conosciamo, ma leggendoti ... la fase 3 (per te) la vedo improbabile ....
Quindi per me è una buona notizia...
Io conto di riuscire a comprare altri 55/65 k di nominale appena avrò un pò di liquidità..
Poi nei prossimi anni spero che la curva dei tassi si normalizzi un pó e spero di swappare tutto sul 42 con una forbice di 10 cents ...
Ora ho 33/34/36 e 37
Forse la forbice di 10 cents non ci sarà a breve...
Io vorrei swappare da 50 a 40 cents ma probabilmente è più realistico uno swap da 55 a 46/47. Cmq ci guadagnerei altri 100k di nominale con questa mossa... Che cqlcolando che ho ancora 27 anni mi darebbero una buona pensione....
vabbè ragazzi ...io ci provo ...magari qualcuno ci crede che divento cassettista
Per Tosi ...è per quello che sono passato dal 41 al 2029 ...
adesso completo gli acquisti e poi ...anc'io ho idea appunto di switchiare al normalizzarsi della curva ...
magari farci 100 k 150 k ancora meglio ...di differenza in più a quelli che avevo
HAA sarebbe altro all in ma non posso stare dappertutto ...la Grecia ha troppa benzina per salire ...anche se solo sale di 10 figure in un anno da 32 a 42 ...sono 145 k ...sputaci sopra ...
robinson
Forumer storico
...perche' da lunedi se vuoi rientrare sui GGB dovrai pagarli piu' cari...
Se hanno pagato 32 le lunghe ...saranno in tanti a ricomprare sotto e quindi si salira' i.m.h.o.
... non è del tutto detto che da lunedì i titoli schizzino...
in fondo già c'era sentore di riuscita del BB e certi prezzi erano ancora al di sotto del prezzo max della forchetta...
piuttosto voglio vedere:
1) la quotazione ESATTA che mi verrà corrisposta: io mi aspetterei il max della forchetta... ma voglio esserne certo!
2) ... speriamo che non ci facciano aspettare troppo per liquidarci con EFSF, che venderei il giorno stesso per rituffarmi a riformare il nominale (ora sotto di un 15% circa)... sempre che... non schizzi tutto da subito a 40 (le lunghe)
marcob77
Moderator
per chi ha venduto il 2035..... il max è sicuro..perchè io ho aderito al massimo prezzo e i titoli mi sono stati tolti..