Titoli di Stato area Euro PORTOGALLO Operativo titoli di stato (4 lettori)

[tommy271]

Portogallo, salgono rendimenti in asta 3 e 12 mesi per 1,03 mld

mercoledì 3 novembre 2010 12:10




LISBON, Nov 3 (Reuters) - Portugal sold 1.03 billion euros
($1.45 billion) in two treasury bill issues on Wednesday,
slightly more than the initially indicated offer, with yields
rising following a jump in euro zone periphery debt spreads. The total indicated offer for both maturities had been 1
billion euros.
Following are the details of the auctions:

3-MONTH T-BILL:



Avg. yield (pct) 1.818 1.595

Avg price (pct) 99.473 99.537

Highest yield (pct) 1.850 1.630

Lowest yield (pct) 1.750 1.550

Tail 0.032 0.035

Total bids 1.110 bln 1.475 bln

Allotment 500 mln 500 mln

Bid-to-cover ratio 2.2 3.0

Outstanding after auction 3.522 bln 3.396 bln


12-MONTH T-BILL:



Avg. yield (pct) 3.260 2.886

Avg price (pct) 96.928 97.165

Highest yield (pct) 3.281 2.918

Lowest yield (pct) 3.190 2.850

Tail 0.021 0.032

Total bids 1.159 bln 1.851 bln

Allotment 531 mln 760 mln

Bid-to-cover ratio 2.2 2.4

Outstanding after auction 1.367 bln 836 mln




La prima cifra si riferisce alla presenta asta, quella dopo alla precedente.

 

[tommy271]

Portugal's Borrowing Costs Rise, Investor Demand Declines at Bill Auction

By Anabela Reis - Nov 3, 2010 1:59 PM GMT+0100

Wed Nov 03 12:59:30 GMT 2010

Portugal’s borrowing costs rose and demand fell at a sale of 1.03 billion euros ($1.5 billion) of three- and 12-month bills amid mounting concern that investors may need to share the burden of losses from future debt crises.

The government sold 500 million euros of securities due in February to yield 1.818 percent, the debt office said today in a statement. That compares with a yield of 1.595 percent at the previous auction on Oct. 6. Investors bid for 2.2 times the debt offered, down from 3 times last month. The yield rose and the bid-to-cover ratio declined on the 12-month bill sale.

“It wasn’t marvelous,” said Huw Worthington, a fixed- income strategist at Barclays Capital in London. “Confidence in peripheral countries is not high.”

Yields on European peripheral nations’ debt are climbing as politicians step up pressure on bondholders to help pay for losses arising from any restructuring. German Finance Minister Wolfgang Schaeuble said the euro’s stability depends on making investors responsible, underscoring Chancellor Angela Merkel’s push to shield the nation’s taxpayers from the risk of bailing out other euro-region members.

Irish 10-year bonds fell, driving the extra yield, or spread, that investors demand to hold the securities instead of German bunds to a record for the third consecutive day. The spread increased to 499 basis points, according to Bloomberg generic data. That’s the most since Bloomberg began collecting the data in 1991.

Spread Widens

The Portuguese-German 10-year yield spread increased seven basis points to 384 basis points, the highest since Oct. 13, based on closing yields.
The 531 million euros of bills due in October 2011 were issued at an average yield of 3.260 percent. That compares with a yield of 2.886 percent at the previous sale on Oct. 20. The bid-to-cover ratio was 2.2 times, down from 2.4.

“Both bills were sold at a yield slightly higher than the market ahead of the auctions,” Chiara Cremonesi, a strategist at UniCredit SpA in London, wrote in a note. “In the last few days, periphery has been under strong pressure, with Ireland, Portugal and Greece being the hardest hit.



(Bloomberg)

 

[tommy271]

Portogallo, via libera parlamento a linee guida finanziaria 2011

mercoledì 3 novembre 2010 18:41




LISBONA, 3 novembre (Reuters) - Il parlamento portoghese ha approvato le linee guida della legge finanziaria 2011, improntata a misure di austerity mirate a una drastica riduzione del deficit e placare i timori dei mercati finanziari sulla sostenibilità dei conti pubblici.
Il testo di legge elaborato dal governo socialista, ormai in minoranza, prevede di portare il disavanzo pubblico 2011 a 4,6% del prodotto interno lordo rispetto al 7,3% atteso quest'anno.
Il provvedimento passa ora alle commissioni parlamentari competenti, con un voto finale in agenda per il 26 novembre prossimo.
Le misure di correzione sono state votate unicamente dal partito socialista oggi al governo, riuscendo a passare unicamente grazie all'astensione concordata venerdì scorso dal principale partito di opposizione di centrodestra, il Psd.


***
Sottolineo che il Testo dovrà passare ancora attraverso le Commissioni ed il voto finale.
Noi, in Italia, abbiamo esperienza di quello che succede nelle "Commissioni" di Palazzo Chigi ...

 

[C.Bonacieux]

Portogallo, via libera parlamento a linee guida finanziaria 2011

mercoledì 3 novembre 2010 18:41




LISBONA, 3 novembre (Reuters) - Il parlamento portoghese ha approvato le linee guida della legge finanziaria 2011, improntata a misure di austerity mirate a una drastica riduzione del deficit e placare i timori dei mercati finanziari sulla sostenibilità dei conti pubblici.
Il testo di legge elaborato dal governo socialista, ormai in minoranza, prevede di portare il disavanzo pubblico 2011 a 4,6% del prodotto interno lordo rispetto al 7,3% atteso quest'anno.
Il provvedimento passa ora alle commissioni parlamentari competenti, con un voto finale in agenda per il 26 novembre prossimo.
Le misure di correzione sono state votate unicamente dal partito socialista oggi al governo, riuscendo a passare unicamente grazie all'astensione concordata venerdì scorso dal principale partito di opposizione di centrodestra, il Psd.


***
Sottolineo che il Testo dovrà passare ancora attraverso le Commissioni ed il voto finale.
Noi, in Italia, abbiamo esperienza di quello che succede nelle "Commissioni" di Palazzo Chigi ...

i portoghesi sono più serî

 

[tommy271]

i portoghesi sono più serî

Non ne sarei così sicuro, sono nostri "parenti" ... .

 

[tommy271]

Chinese leader to parade through Paris ahead of G20 handover

ANDREW WILLIS
Today @ 09:22 CET




EUOBSERVER / BRUSSELS - Chinese President Hu Jintao will receive a lavish welcome when he touches down in France on Thursday (4 November), with French President Nicolas Sarkozy hoping stronger ties with Beijing can secure the success of France's tenure at the helm of the G20, set to start later this month.

The French president is to personally greet Mr Hu at the airport, before returning together to the Elysee through Paris with a contingent of the Republican Guard on horseback.
France's G20 ambitions include fighting currency market volatility and trade disagreements, together with successful reform of the world's multilateral institutions such as the IMF.

China's increasing economic might means success is strongly linked to keeping Beijing onboard throughout the discussions, with a string of achievements likely to boost Mr Sarkozy's re-election campaign in 2012.
For his part, Mr Hu may be keen to use the French visit to stave off bitter discussion over the value of China's currency at this month's G20 leaders' meeting in Seoul.

China has shown its willingness to act in the G20 forum but is sensitive to losses in sovereign economic decision making, expressly forbidding any mention of the yuan issue in recent final communiques.
Last month's EU-China summit ended in discord following strong argument over the issue. "I say to Europe's leaders - don't join the chorus pressing [China] to revalue the yuan," Chinese Premier Wen Jiabao told a business forum taking place in the margins of the political meeting.

Others have chimed in. "France's presidency must have the patience to listen to everyone, especially on the reform of the global financial system," deputy foreign minister Fu Ying told Le Figaro newspaper ahead of Mr Hu's visit.
The three-day official tour is also expected to see a record number of commercial contracts signed, including an anticipated major order for passenger planes for European aircraft maker Airbus.

Relations between the two sides have improved over the past year, following a sharp disagreement in 2008 when Mr Sarkozy met the Dalai Lama, Tibet's spiritual leader. Paris has remained quiet following last month's Nobel peace prize for Chinese democracy activist Liu Xiaobo.

Reports suggest that Beijing has embarked on an active campaign to reduce the impact of the Nobel award, with the Chinese Embassy in Oslo sending official letters to a number of European embassies in the Norwegian capital, asking them not to attend the 10 December award ceremony, say unnamed Western diplomats according to AFP.

On Friday, Mr Hu will travel to the Mediterranean port town of Nice, where afternoon talks are expected to centre on foreign affairs, including Iran's nuclear ambitions.

The following day he will fly to Portugal where the government has welcomed earlier statements expressing Beijing's willingness to buy Portuguese sovereign debt. Similar announcements prior to a Chinese official visit to Greece last month point to Beijing's growing use of its huge foreign currency reserves to buy diplomatic support.

Both Portugal and Greece, together with Ireland, are seen as the eurozone's most vulnerable economies.
On Wednesday Portugal's parliament passed a crucial austerity budget to cut the country's high debt levels, after the opposition upheld an agreement with the minority government to abstain from voting.

 

[lorixnt2]

Grazie Tommy che cosa non farei senza di te.
Per gli amanti del genere Triplo Panico, comunque, ecco a voi il simpatico tracollo alle 14.00 sul mercato dei polli. Manco mal direi.


Non ci starei però a fare una gran malattia. Potrebbe apparire anche come una doverosa ed un po' tardiva presa d'atto. (Chissà se Unicredit è riuscita a sbolognare un po' della roba che aveva in pancia? Di Portogallo, avevo letto da qualche parte, ne teneva assai)

 

[buttozzo]

ciao lorix il 37 mi piace tanto ero entrato a 72 uscito a 74 se va sotto dei 69 rientro

 

[lorixnt2]

Ciao buttozzo Io, dal basso della mia strisciante incompetenza da cassettista miope, osservo questa cosa nell'indifferenza di chi ci aveva messo l'1% circa del capitale con PMC ad 83 e rotti ridotti ora a non più di uno 0,6%. Succeda insomma un po' quel che vuole succedere. Mediare con un italiano lungo mi sembrerebbe ora un po' come sparare sulla crocerossa.

 

[buttozzo]

ciao lorix sono rientrato con un cippino a 70,01 vediamo non faccio come la grecia stop loss di 2 punti