Rottweiler
Forumer storico
Ciao Zorba,
qualche post fa eri alla caccia del prospetto MPS relativo ai Tremonti bonds.
Sei riuscito a trovarlo? Hai provato a chiederlo all'IR di MPS?
Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 2 (5 lettori)
- Creatore Discussione caligola2005
- Data di Inizio
- Stato
Ciao Zorba,
qualche post fa eri alla caccia del prospetto MPS relativo ai Tremonti bonds.
Sei riuscito a trovarlo? Hai provato a chiederlo all'IR di MPS?
bia06
Listen other's viewpoint avoid conflicts & wars.
Brutte notizie per HSH Nordsbank
-39 punti per il Baltic Dry Index che scende a 974 punti, il livello minimo da quasi tre anni. L´indice, considerato da molti analisti una "proxy" dell'andamento dell'economia globale, misura l'andamento dei costi del trasporto marittimo e dei noli delle navi dry (non liquido) bulk (sfuso).
-39 punti per il Baltic Dry Index che scende a 974 punti, il livello minimo da quasi tre anni. L´indice, considerato da molti analisti una "proxy" dell'andamento dell'economia globale, misura l'andamento dei costi del trasporto marittimo e dei noli delle navi dry (non liquido) bulk (sfuso).
Topgun1976
Guest
Boh ,io spero di riuscire a vendere quello che ho bloccato(causa virus),mi sembra una salita con poche basi..e di solito poi se la riprendono con gli interessi
Però Posso Sbagliare,mica ho la Palla
Zorba
Bos 4 Mod
No, devo dire che mi ero stoppato. Alla fine davo per scontato che MPS avrebbe sempre pagato gli interessi allo Stato. Dopo aver letto l'articolo di quei bontemponi del WSJ, mi sa che domani chiedo....
Cmq entro venerdì sapremo già qualcosa sull'AUK...
nik.sala
Money Never Sleeps
in giallo quelle non richiamate
riposto l'ottimo post di fidw99 per sotttolineare che questo file evidenzia le (poche peraltro) sublt2 di ucg non richiamate.
Mi chiedevo (e chiedo allo stesso fidw99 se può) se è possibile invece postare una lista di lt2 RICHIAMATE da ucg negli ultimi 3/4 anni.
Cos' sarebbe eloquente un termine di paragone appropriato...
Topgun1976
Guest
Se Mps dovesse non pagare i Tbonds salterebbe Ovviamente anche le Cedole sui T1,io non ci credo,sarebbe una chiara ammissione di grande difficoltà al mercato
Zorba
Bos 4 Mod
Nemmeno io credo che salterà le cedole, ma finchè MPS non annuncerà una ricapitalizzazione credibile, le quotazioni dei T1 rimarranno impantanate.
Topgun1976
Guest
Una volta tanto siamo daccordo
Zorba
Bos 4 Mod
UPDATE: Greece's NBG Boosts Capital Through Debt Buyback
-- NBG bracing for impact of Greek debt restructuring
-- Move follows similar capital boosting plans by other banks
-- Other Greek banks may follow suit
(Rewrites, adds detail, quotes and context throughout.)
By Alkman Granitsas Of DOW JONES NEWSWIRES ATHENS (Dow Jones)--National Bank of Greece SA (NBG), the country's leading lender by assets, said Monday it has completed a program to buy back outstanding covered and hybrid securities in an effort to boost its capital base.
NBG said the program--involving the buy-back of its 2016-dated covered bond and five hybrid Tier 1 bonds--would boost its core Tier 1 capital ratio by about EUR302 million. Prior to the transaction, NBG had a core Tier 1 ratio of 11%. Based on the bank's risk-weighted assets in the third quarter last year, the ratio would be lifted by 46 basis points.
The buyback program is the latest in a series of moves by the Greek lender to strengthen its balance sheet ahead of a planned Greek debt restructuring that is expected to lead to billions of euros in losses.
It also follows similar moves by other European lenders over the past year--including banks such as Barclays PLC (BCS), Commerzbank AG (CBK.XE), and BNP Paribas SA (13110.FR)--to buy back outstanding debt instruments at discounted prices in a move to reduce liabilities and shore up their balance sheets.
"With the pressure on banks to raise their capital, we have seen an increase in these types of transactions over the past six to 12 months," said a banker familiar with the deal. "Other Greek banks may also follow."
NBG purchased the covered bond at 70% of face value, and the hybrid bonds at 45%. Participation rates ranged between 46% and 70% for the hybrid bonds, and 43% for the covered bond.
Greek banks are facing enormous losses from a planned restructuring of Greece's public debt. At the instigation of its European partners, Greece agreed in October that it would negotiate a "voluntary" debt write-down aimed at a 50% cut in the face value of Greek bonds held by the private sector.
In December, the International Monetary Fund estimated Greece's top six lenders will require a total capital boost of up to EUR17 billion to cope with the debt write-down. In addition, the banks are bracing for the results of an external audit by consulting firm Blackrock Solutions that is expected to call for higher provisions to cover bad debts.
Those losses will deal a sharp blow to the banks' capital adequacy, and may drive them to seek government bailouts in order to meet regulatory capital requirements. But at a cost: depending on the size of the bailout, many of the banks fear they will wind up majority-owned by the Greek state.
NBG is facing estimated losses of around EUR3 billion from the debt write-down plan and would need that much to recapitalize in order to meet a 10% core Tier 1 threshold set for Greek lenders by the Bank of Greece.
To minimize the amount of money it would have to seek from the Greek government, NBG has begun implementing a capital plan to cover that gap. Apart from the bond buy back, last month NBG shareholders approved a plan to tap EUR1 billion from an existing, three-year-old government support scheme.
Previously, the bank has said it will sell down a 20% to 25% stake in its Turkish Finansbank unit, which it hopes will raise about EUR1 billion.
The bank has also initiated talks with its employees' union in an effort to cut wage costs, and is mulling plans to sell off a hotel subsidiary in a posh seaside suburb of Athens.
http://online.wsj.com/article/BT-CO-20120116-706835.html
-- NBG bracing for impact of Greek debt restructuring
-- Move follows similar capital boosting plans by other banks
-- Other Greek banks may follow suit
(Rewrites, adds detail, quotes and context throughout.)
By Alkman Granitsas Of DOW JONES NEWSWIRES ATHENS (Dow Jones)--National Bank of Greece SA (NBG), the country's leading lender by assets, said Monday it has completed a program to buy back outstanding covered and hybrid securities in an effort to boost its capital base.
NBG said the program--involving the buy-back of its 2016-dated covered bond and five hybrid Tier 1 bonds--would boost its core Tier 1 capital ratio by about EUR302 million. Prior to the transaction, NBG had a core Tier 1 ratio of 11%. Based on the bank's risk-weighted assets in the third quarter last year, the ratio would be lifted by 46 basis points.
The buyback program is the latest in a series of moves by the Greek lender to strengthen its balance sheet ahead of a planned Greek debt restructuring that is expected to lead to billions of euros in losses.
It also follows similar moves by other European lenders over the past year--including banks such as Barclays PLC (BCS), Commerzbank AG (CBK.XE), and BNP Paribas SA (13110.FR)--to buy back outstanding debt instruments at discounted prices in a move to reduce liabilities and shore up their balance sheets.
"With the pressure on banks to raise their capital, we have seen an increase in these types of transactions over the past six to 12 months," said a banker familiar with the deal. "Other Greek banks may also follow."
NBG purchased the covered bond at 70% of face value, and the hybrid bonds at 45%. Participation rates ranged between 46% and 70% for the hybrid bonds, and 43% for the covered bond.
Greek banks are facing enormous losses from a planned restructuring of Greece's public debt. At the instigation of its European partners, Greece agreed in October that it would negotiate a "voluntary" debt write-down aimed at a 50% cut in the face value of Greek bonds held by the private sector.
In December, the International Monetary Fund estimated Greece's top six lenders will require a total capital boost of up to EUR17 billion to cope with the debt write-down. In addition, the banks are bracing for the results of an external audit by consulting firm Blackrock Solutions that is expected to call for higher provisions to cover bad debts.
Those losses will deal a sharp blow to the banks' capital adequacy, and may drive them to seek government bailouts in order to meet regulatory capital requirements. But at a cost: depending on the size of the bailout, many of the banks fear they will wind up majority-owned by the Greek state.
NBG is facing estimated losses of around EUR3 billion from the debt write-down plan and would need that much to recapitalize in order to meet a 10% core Tier 1 threshold set for Greek lenders by the Bank of Greece.
To minimize the amount of money it would have to seek from the Greek government, NBG has begun implementing a capital plan to cover that gap. Apart from the bond buy back, last month NBG shareholders approved a plan to tap EUR1 billion from an existing, three-year-old government support scheme.
Previously, the bank has said it will sell down a 20% to 25% stake in its Turkish Finansbank unit, which it hopes will raise about EUR1 billion.
The bank has also initiated talks with its employees' union in an effort to cut wage costs, and is mulling plans to sell off a hotel subsidiary in a posh seaside suburb of Athens.
http://online.wsj.com/article/BT-CO-20120116-706835.html
maxolone
Forumer storico
Bene !!!
Io mi sono appena comprato un bel pacco di HSH Luxemburg step up a 28. Non le voglio fare fuori fino a 50.
Sono sempre controcorrente.
Io mi sono appena comprato un bel pacco di HSH Luxemburg step up a 28. Non le voglio fare fuori fino a 50.
Sono sempre controcorrente.
- Stato