bosmeld
Forumer storico
i cds SENIOR di commerz sono schizzati.
il 6 dicembre erano 119
il 5 gennaio erano 152
il 10 gennaio erano 266
oggi 244
saliti forte anche quelli di mps.
il motivo é questa notizia qui:
By John Glover and Abigail Moses
Jan. 11 (Bloomberg) -- The European Union’s proposal that
senior note holders share the burden of future government
bailouts is driving the cost of insuring the debt of rescued
lenders to record highs.
Credit-default swaps protecting bonds sold by Commerzbank
AG, which has received 18.2 billion euros ($24 billion) from the
German government, almost doubled this year, while contracts on
Italy’s Banca Monte dei Paschi di Siena SpA jumped 35 percent to
the highest ever as of yesterday, according to CMA. Relative
yields on European bank and company bonds are the widest on
record compared with spreads in the U.S., Bank of America
Merrill Lynch index data show.
The European Commission, the executive arm of the Brussels-
based EU , proposed last week that holders of senior bonds issued
by failing banks be forced to take losses to protect public
finances. That’s weighing on the debt, which lenders and
governments have traditionally kept as sacrosanct for fear of
losing access to funding.
“Everyone is going into safe havens and avoiding weak
names due to senior restructuring discussions,” said Alexander
Plenk, an analyst at UniCredit SpA in Munich. “If you’re strong
and don’t need taxpayer money, there’ll be no burden-sharing
because there’s no burden to share.”
Financial Swaps Index
The Markit iTraxx Financial Index of 25 European banks and
insurers is at the highest on record relative to the cost to
protect U.S. bank debt. The average credit-default swap on the
six biggest U.S. banks is 71 basis points below their European
counterparts, compared with 341 basis points higher at the
height of the credit crisis in October 2008. Markit Group Ltd.’s
European bank index fell for the first time in five days today,
declining 11 basis points to 198, JPMorgan Chase & Co. prices
show.
Elsewhere in credit markets , the extra yield investors
demand to own company bonds worldwide instead of similar
maturity government debt rose 1 basis point to 168 basis points,
or 1.68 percentage points, according to Bank of America Merrill
Lynch’s Global Broad Market Corporate Index. Yields averaged
..................
il 6 dicembre erano 119
il 5 gennaio erano 152
il 10 gennaio erano 266
oggi 244
saliti forte anche quelli di mps.
il motivo é questa notizia qui:
By John Glover and Abigail Moses
Jan. 11 (Bloomberg) -- The European Union’s proposal that
senior note holders share the burden of future government
bailouts is driving the cost of insuring the debt of rescued
lenders to record highs.
Credit-default swaps protecting bonds sold by Commerzbank
AG, which has received 18.2 billion euros ($24 billion) from the
German government, almost doubled this year, while contracts on
Italy’s Banca Monte dei Paschi di Siena SpA jumped 35 percent to
the highest ever as of yesterday, according to CMA. Relative
yields on European bank and company bonds are the widest on
record compared with spreads in the U.S., Bank of America
Merrill Lynch index data show.
The European Commission, the executive arm of the Brussels-
based EU , proposed last week that holders of senior bonds issued
by failing banks be forced to take losses to protect public
finances. That’s weighing on the debt, which lenders and
governments have traditionally kept as sacrosanct for fear of
losing access to funding.
“Everyone is going into safe havens and avoiding weak
names due to senior restructuring discussions,” said Alexander
Plenk, an analyst at UniCredit SpA in Munich. “If you’re strong
and don’t need taxpayer money, there’ll be no burden-sharing
because there’s no burden to share.”
Financial Swaps Index
The Markit iTraxx Financial Index of 25 European banks and
insurers is at the highest on record relative to the cost to
protect U.S. bank debt. The average credit-default swap on the
six biggest U.S. banks is 71 basis points below their European
counterparts, compared with 341 basis points higher at the
height of the credit crisis in October 2008. Markit Group Ltd.’s
European bank index fell for the first time in five days today,
declining 11 basis points to 198, JPMorgan Chase & Co. prices
show.
Elsewhere in credit markets , the extra yield investors
demand to own company bonds worldwide instead of similar
maturity government debt rose 1 basis point to 168 basis points,
or 1.68 percentage points, according to Bank of America Merrill
Lynch’s Global Broad Market Corporate Index. Yields averaged
..................
e buon inizio anno,
Soprattutto in Italia non si riesce a costruire nulla di nuovo, e' passata l'equazione nuovo=mostro ecologico (sia chiaro, non sono per la cementificazione, ma se gli antichi romani avessero ragionato come gli italiani di oggi, oggi non ci ritroveremmo neanche le rovine...).
e' Malpensa, l'aereporto piu' brutto del mondo, starebbe bene in siberia, ha un non so che di vecchio casarmone del regime russo (provate a confrontarlo col nuovo Terminal 5 di Londra..)
