Topgun1976
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Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 1 (5 lettori)
- Creatore Discussione negusneg
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- additional tier 1 bail in basilea 3 coco bonds crd iv genussscheine grandfathering hybrid bond loss absorption lower tier 2 make whole amount matusalem bond obbligazioni irredimibili obbligazioni perpetue obbligazioni subordinate perpetual bond preference shares restricted tier 1 tier 1 upper tier 2
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14,75
Onoff
Forumer attivo
Moody's Downgrades Bawag P.S.K.'s Hybrid Securities Ratings
Non se se già nota. L'ho trovata facedno una rapida ricerca perché non capivo quali caratteristiche avesse il titolo.
Commenti sono benvenuti.
PRESS RELEASE: Moody's Downgrades Bawag P.S.K.'s Hybrid Securities Ratings
The following is a press release from Moody's Investors Service:
Approximately EUR390 million of hybrids affected
Frankfurt, February 25, 2010 -- Moody's Investors Service today downgraded
its ratings on certain hybrid securities issued by BAWAG P.S.K. (BAWAG),
in line with its revised Guidelines for Rating Bank Hybrids and
Subordinated Debt published in November 2009. The rating of BAWAG's
non-cumulative preferred securities was thus downgraded to B2 from Ba1.
This concludes the review for possible downgrade initiated on 18 November
2009. The rating outlook for BAWAG and its subsidiaries (BAWAG Capital
Finance (Jersey) Ltd, BAWAG Capital Finance (Jersey) II Limited and BAWAG
Capital Finance (Jersey) III Limited remains stable and all other ratings
on BAWAG and its subsidiaries remain unchanged.
Prior to the global financial crisis, Moody's had incorporated into its
ratings an assumption that support provided by national governments and
central banks to shore up a troubled bank would, to some extent, benefit
the subordinated debt holders as well as the senior creditors. The
systemic support for these instruments has not been forthcoming in many
cases. The revised methodology largely removes previous assumptions of
systemic support, resulting in today's rating action. In addition, the
revised methodology generally widens the notching on a hybrid's rating
that is based on the instrument's features.
RATING ACTION IN DETAIL
The starting point in Moody's revised approach to rating hybrid
securities is the Adjusted Baseline Credit Assessment (Adjusted BCA).
The Adjusted BCA reflects the bank's standalone credit strength,
including parental and/or cooperative support, if applicable. The
Adjusted BCA excludes systemic support expectations.
The Adjusted BCA for BAWAG is Ba2 and is the same as the BCA as parental
and/or cooperative support does not apply.
The following hybrid securities of BAWAG are affected:
Non-cumulative preferred securities were downgraded to B2, which is three
notches below the Adjusted BCA, reflecting their deeply subordinated
claim in liquidation and non-cumulative coupon skip mechanism tied to the
breach of a balance sheet loss trigger.
BAWAG Capital Finance (Jersey) Ltd (XS0119643897)
BAWAG Capital Finance (Jersey) II Limited (DE0008600966)
BAWAG Capital Finance (Jersey) III Limited (GB00B00GQ100)
(fonte : News detail)
Non se se già nota. L'ho trovata facedno una rapida ricerca perché non capivo quali caratteristiche avesse il titolo.
Commenti sono benvenuti.
PRESS RELEASE: Moody's Downgrades Bawag P.S.K.'s Hybrid Securities Ratings
The following is a press release from Moody's Investors Service:
Approximately EUR390 million of hybrids affected
Frankfurt, February 25, 2010 -- Moody's Investors Service today downgraded
its ratings on certain hybrid securities issued by BAWAG P.S.K. (BAWAG),
in line with its revised Guidelines for Rating Bank Hybrids and
Subordinated Debt published in November 2009. The rating of BAWAG's
non-cumulative preferred securities was thus downgraded to B2 from Ba1.
This concludes the review for possible downgrade initiated on 18 November
2009. The rating outlook for BAWAG and its subsidiaries (BAWAG Capital
Finance (Jersey) Ltd, BAWAG Capital Finance (Jersey) II Limited and BAWAG
Capital Finance (Jersey) III Limited remains stable and all other ratings
on BAWAG and its subsidiaries remain unchanged.
Prior to the global financial crisis, Moody's had incorporated into its
ratings an assumption that support provided by national governments and
central banks to shore up a troubled bank would, to some extent, benefit
the subordinated debt holders as well as the senior creditors. The
systemic support for these instruments has not been forthcoming in many
cases. The revised methodology largely removes previous assumptions of
systemic support, resulting in today's rating action. In addition, the
revised methodology generally widens the notching on a hybrid's rating
that is based on the instrument's features.
RATING ACTION IN DETAIL
The starting point in Moody's revised approach to rating hybrid
securities is the Adjusted Baseline Credit Assessment (Adjusted BCA).
The Adjusted BCA reflects the bank's standalone credit strength,
including parental and/or cooperative support, if applicable. The
Adjusted BCA excludes systemic support expectations.
The Adjusted BCA for BAWAG is Ba2 and is the same as the BCA as parental
and/or cooperative support does not apply.
The following hybrid securities of BAWAG are affected:
Non-cumulative preferred securities were downgraded to B2, which is three
notches below the Adjusted BCA, reflecting their deeply subordinated
claim in liquidation and non-cumulative coupon skip mechanism tied to the
breach of a balance sheet loss trigger.
BAWAG Capital Finance (Jersey) Ltd (XS0119643897)
BAWAG Capital Finance (Jersey) II Limited (DE0008600966)
BAWAG Capital Finance (Jersey) III Limited (GB00B00GQ100)
(fonte : News detail)
quantotanto
Forumer attivo
Sono indiscreto anch'io...col Banco Popolare si acquistano le perpetual e che commissioni applicano?
marc
Forumer storico
ma con il banco quanto paghi?
zeta59
Forumer storico
Come avevo postato circa un mese fà ed avevo suscitato un vespaio, ( ed anche preso x contaballe) , con Banco Pop. ho delle condizioni particolari : 0,07% + €4 ad eseguito .
Quindi con il taglio da 50K di Lottomatica che ho comprato avrei pagato circa 39€ di commissioni , con IW me ne hanno presi 100 tondi
Poichè le commissioni con IW si possono trattare , vorrei avere un riferimento.
bosmeld
Forumer storico
Come avevo postato circa un mese fà ed avevo suscitato un vespaio, ( ed anche preso x contaballe) , con Banco Pop. ho delle condizioni particolari : 0,07% + €4 ad eseguito .
Quindi con il taglio da 50K di Lottomatica che ho comprato avrei pagato circa 39€ di commissioni , con IW me ne hanno presi 100 tondi
Poichè le commissioni con IW si possono trattare , vorrei avere un riferimento.
ti dico subito che con iw, sotto 0,10 non si riesce ad andare, e se te lo fanno tendono a metterti un minimo alto, tipo 20-25 euro
dario lapi
γνῶθι σαυτόν
Saranno anche matti, ma sono le condizioni contrattuali (non le avevi viste?), anzi sarebbero 0,199% vedi anche http://www.investireoggi.it/forum/commissioni-tol-banche-online-vt42562.html
Però se fai volumi consistenti sulle OTC puoi trattare condizioni migliori (sulla %, non credo sul massimo)
dario lapi
γνῶθι σαυτόν
0,07% + €4 ad eseguitoCome avevo postato circa un mese fà ed avevo suscitato un vespaio, ( ed anche preso x contaballe) , con Banco Pop. ho delle condizioni particolari : 0,07% + €4 ad eseguito .
Quindi con il taglio da 50K di Lottomatica che ho comprato avrei pagato circa 39€ di commissioni , con IW me ne hanno presi 100 tondi
comunque fai presente a IW le condizioni che hai con BP
russiabond
Il mito, la leggenda.
Come avevo postato circa un mese fà ed avevo suscitato un vespaio, ( ed anche preso x contaballe) , con Banco Pop. ho delle condizioni particolari : 0,07% + €4 ad eseguito .
Quindi con il taglio da 50K di Lottomatica che ho comprato avrei pagato circa 39€ di commissioni , con IW me ne hanno presi 100 tondi
Poichè le commissioni con IW si possono trattare , vorrei avere un riferimento.
Ti confermo quello che ha detto anche Bosmeld ....sotto 0,10 % non scendono ma devi fare grosse quantità...da 50 k in su altrimenti paghi 0,19% anche se fai 200 o 300 k sempre 0,10%
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