Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 2
- Creatore Discussione caligola2005
- Data di Inizio
- Stato
bulogna
Forumer storico
Dalle valutazioni dei tecnici del forum sì, in realtà il mercato le prezza uguale alle altre due.
Vet
Forumer storico
Ma scusa.....ma parlando seriamente c'è qualcuno che crede o credeva che si potessero pagare effetivamente i cds sui i debiti sovrani di stati sistemici all' economia occidentale????..........senza far saltare tutto in aria....in pratica l' Apocalisse economica......... a meno che i Maya non ci abbiano ragione sul 2012......
Zorba
Bos 4 Mod
Pure questa. Passato pure l'appetito per i bond EFSF. Mi sa che la leva 4x del fondo doventa una chimera (salvo intervento della BCE). Praticamente l'accordo di mercoledì scorso è carta straccia.
*.*.*
EFSF bond may see weak demand
By David Oakley in London
Bankers have warned that the eurozone rescue fund might face lacklustre demand this week for a planned bond issue designed to finance Ireland’s bail-out.
The offering will provide a key test of investor sentiment after the announcement last week of new plans to tackle the eurozone debt crisis.
The bond from the European financial stability facility will seek to raise €3bn ($4bn) and will be in 10-year bonds rather than a 15-year maturity because of worries over demand, say bankers. A 10-year bond is more likely to attract interest from Asian central banks than a longer maturity.
Bankers familiar with the issue said the EFSF had been considering a €5bn issue. However, the EFSF has denied this, saying it had always sought a €3bn issue.
One banker said: “There is so much uncertainty over the EFSF that it will be much harder to sell than it was earlier in the year, when we saw massive demand from European funds and Asian accounts. Japan and China bought in big size earlier in the year. We are not sure we are going to see that type of demand this week.”
Bankers said the bond, which is expected to price on Wednesday, may see weak demand in spite of Klaus Regling, the head of the EFSF, launching a charm offensive in Asia last week to encourage interest.
EFSF officials decided to price this week because market conditions might deteriorate if they hold off any longer, according to bankers.
The bond is expected to price at yields of about 3.30 per cent, about 130 basis points over Germany, the European market benchmark. This represents a big mark-up since the middle of September, when existing 10-year EFSF bonds were trading at about 2.60 per cent, only 70bp over Germany.
Bankers said Chinese and Japanese investors had been big buyers of EFSF bonds earlier in the year on the basis that they were triple A rated with a big premium over Germany, which was seen as a risk-free premium.
However, as worries over the eurozone and its ability to tackle the crisis have deepened, the focus has shifted to the structure of the EFSF, which is still unclear and may mean these bonds could be difficult to sell back to the market.
EU heads of state last week outlined two schemes to leverage up the EFSF, which has a firepower of €440bn.
These are a credit enhancement or insurance scheme, providing additional credit enhancement for new bonds issued by sovereign states, and a special purpose investment vehicle combining public and private capital to extend loans and buy bonds in the primary and secondary markets.
Barclays Capital, Crédit Agricole and JPMorgan are managing the €3bn offering.
*.*.*
EFSF bond may see weak demand
By David Oakley in London
Bankers have warned that the eurozone rescue fund might face lacklustre demand this week for a planned bond issue designed to finance Ireland’s bail-out.
The offering will provide a key test of investor sentiment after the announcement last week of new plans to tackle the eurozone debt crisis.
The bond from the European financial stability facility will seek to raise €3bn ($4bn) and will be in 10-year bonds rather than a 15-year maturity because of worries over demand, say bankers. A 10-year bond is more likely to attract interest from Asian central banks than a longer maturity.
Bankers familiar with the issue said the EFSF had been considering a €5bn issue. However, the EFSF has denied this, saying it had always sought a €3bn issue.
One banker said: “There is so much uncertainty over the EFSF that it will be much harder to sell than it was earlier in the year, when we saw massive demand from European funds and Asian accounts. Japan and China bought in big size earlier in the year. We are not sure we are going to see that type of demand this week.”
Bankers said the bond, which is expected to price on Wednesday, may see weak demand in spite of Klaus Regling, the head of the EFSF, launching a charm offensive in Asia last week to encourage interest.
EFSF officials decided to price this week because market conditions might deteriorate if they hold off any longer, according to bankers.
The bond is expected to price at yields of about 3.30 per cent, about 130 basis points over Germany, the European market benchmark. This represents a big mark-up since the middle of September, when existing 10-year EFSF bonds were trading at about 2.60 per cent, only 70bp over Germany.
Bankers said Chinese and Japanese investors had been big buyers of EFSF bonds earlier in the year on the basis that they were triple A rated with a big premium over Germany, which was seen as a risk-free premium.
However, as worries over the eurozone and its ability to tackle the crisis have deepened, the focus has shifted to the structure of the EFSF, which is still unclear and may mean these bonds could be difficult to sell back to the market.
EU heads of state last week outlined two schemes to leverage up the EFSF, which has a firepower of €440bn.
These are a credit enhancement or insurance scheme, providing additional credit enhancement for new bonds issued by sovereign states, and a special purpose investment vehicle combining public and private capital to extend loans and buy bonds in the primary and secondary markets.
Barclays Capital, Crédit Agricole and JPMorgan are managing the €3bn offering.
Zorba
Bos 4 Mod
Questo ti da l'idea di come siano realmente i mercati finanziari.
bosmeld
Forumer storico
Pure questa. Passato pure l'appetito per i bond EFSF. Mi sa che la leva 4x del fondo doventa una chimera (salvo intervento della BCE). Praticamente l'accordo di mercoledì scorso è carta straccia.
*.*.*
EFSF bond may see weak demand
By David Oakley in London
Bankers have warned that the eurozone rescue fund might face lacklustre demand this week for a planned bond issue designed to finance Ireland’s bail-out.
The offering will provide a key test of investor sentiment after the announcement last week of new plans to tackle the eurozone debt crisis.
The bond from the European financial stability facility will seek to raise €3bn ($4bn) and will be in 10-year bonds rather than a 15-year maturity because of worries over demand, say bankers. A 10-year bond is more likely to attract interest from Asian central banks than a longer maturity.
Bankers familiar with the issue said the EFSF had been considering a €5bn issue. However, the EFSF has denied this, saying it had always sought a €3bn issue.
One banker said: “There is so much uncertainty over the EFSF that it will be much harder to sell than it was earlier in the year, when we saw massive demand from European funds and Asian accounts. Japan and China bought in big size earlier in the year. We are not sure we are going to see that type of demand this week.”
Bankers said the bond, which is expected to price on Wednesday, may see weak demand in spite of Klaus Regling, the head of the EFSF, launching a charm offensive in Asia last week to encourage interest.
EFSF officials decided to price this week because market conditions might deteriorate if they hold off any longer, according to bankers.
The bond is expected to price at yields of about 3.30 per cent, about 130 basis points over Germany, the European market benchmark. This represents a big mark-up since the middle of September, when existing 10-year EFSF bonds were trading at about 2.60 per cent, only 70bp over Germany.
Bankers said Chinese and Japanese investors had been big buyers of EFSF bonds earlier in the year on the basis that they were triple A rated with a big premium over Germany, which was seen as a risk-free premium.
However, as worries over the eurozone and its ability to tackle the crisis have deepened, the focus has shifted to the structure of the EFSF, which is still unclear and may mean these bonds could be difficult to sell back to the market.
EU heads of state last week outlined two schemes to leverage up the EFSF, which has a firepower of €440bn.
These are a credit enhancement or insurance scheme, providing additional credit enhancement for new bonds issued by sovereign states, and a special purpose investment vehicle combining public and private capital to extend loans and buy bonds in the primary and secondary markets.
Barclays Capital, Crédit Agricole and JPMorgan are managing the €3bn offering.
sono bastati 2 giorni per tornare indietro...
le p. si adeguano rapidamente, perdendo liquiditá. molti denari sono finti e quando vengono colpiti si abbassano di 1-2 punti
p.s come sempre succede, chi piú sale piú scende...
Ultima modifica:
Topgun1976
Guest
Pure questa. Passato pure l'appetito per i bond EFSF. Mi sa che la leva 4x del fondo doventa una chimera (salvo intervento della BCE). Praticamente l'accordo di mercoledì scorso è carta straccia.
*.*.*
EFSF bond may see weak demand
By David Oakley in London
Bankers have warned that the eurozone rescue fund might face lacklustre demand this week for a planned bond issue designed to finance Ireland’s bail-out.
The offering will provide a key test of investor sentiment after the announcement last week of new plans to tackle the eurozone debt crisis.
The bond from the European financial stability facility will seek to raise €3bn ($4bn) and will be in 10-year bonds rather than a 15-year maturity because of worries over demand, say bankers. A 10-year bond is more likely to attract interest from Asian central banks than a longer maturity.
Bankers familiar with the issue said the EFSF had been considering a €5bn issue. However, the EFSF has denied this, saying it had always sought a €3bn issue.
One banker said: “There is so much uncertainty over the EFSF that it will be much harder to sell than it was earlier in the year, when we saw massive demand from European funds and Asian accounts. Japan and China bought in big size earlier in the year. We are not sure we are going to see that type of demand this week.”
Bankers said the bond, which is expected to price on Wednesday, may see weak demand in spite of Klaus Regling, the head of the EFSF, launching a charm offensive in Asia last week to encourage interest.
EFSF officials decided to price this week because market conditions might deteriorate if they hold off any longer, according to bankers.
The bond is expected to price at yields of about 3.30 per cent, about 130 basis points over Germany, the European market benchmark. This represents a big mark-up since the middle of September, when existing 10-year EFSF bonds were trading at about 2.60 per cent, only 70bp over Germany.
Bankers said Chinese and Japanese investors had been big buyers of EFSF bonds earlier in the year on the basis that they were triple A rated with a big premium over Germany, which was seen as a risk-free premium.
However, as worries over the eurozone and its ability to tackle the crisis have deepened, the focus has shifted to the structure of the EFSF, which is still unclear and may mean these bonds could be difficult to sell back to the market.
EU heads of state last week outlined two schemes to leverage up the EFSF, which has a firepower of €440bn.
These are a credit enhancement or insurance scheme, providing additional credit enhancement for new bonds issued by sovereign states, and a special purpose investment vehicle combining public and private capital to extend loans and buy bonds in the primary and secondary markets.
Barclays Capital, Crédit Agricole and JPMorgan are managing the €3bn offering.
Nulla di Inatteso,daltronde comè inattendibile Berlusca,lo sono altrettanto Merkel&Sarkozy visto che in 2 anni hanno partorito solo casini.
accordi che accordi non sono ecc
Dupondius
Forumer storico
articolo interessante
di nuovo ho scoperto che:
"The bailout of Dexia SA by Belgium and France last month resembled AIG's rescue. The bank, based in Brussels and Paris, faced 16 billion euros ($22 billion) of new margin calls on Oct. 7 as a result of interest-rate swaps it had sold, Belgian central bank Governor Luc Coene said.
The two countries agreed to aid Dexia on Oct. 9, assuring creditors -- including holders of CDS and other derivatives counterparties -- they would be paid in full, the same way AIG's were after the U.S. takeover. Goldman Sachs and Morgan Stanley were among the lender's biggest trading partners, the New York Times reported on Oct. 23, citing people it didn't identify."
la Reuters offre l'Euro zone bank stress test calculator, ma io vorrei un simulatore che calcolasse le conseguenze del verificarsi di un credit event.
OdioGliAcronimi
Forumer attivo
IWBank:
Banca Pop. Di Milano XS0131749623 75 80
Banca Pop. Di Lodi (BP) XS0223454512 63 64
Banca Pop. VN XS0304963373 47 50
Ho provato tutti e tre i market maker in denaro, nessun eseguito
Aegon NV NL0000116150 43.5 47.5
Axa XS0179060974 48.5 49.5
Axa XS0181369454 N/A 49.5
Nordea Bank XS0200688256 55 56
Ho provato Nordea in lettera, eseguito
Ciao!
Banca Pop. Di Milano XS0131749623 75 80
Banca Pop. Di Lodi (BP) XS0223454512 63 64
Banca Pop. VN XS0304963373 47 50
Ho provato tutti e tre i market maker in denaro, nessun eseguito
Aegon NV NL0000116150 43.5 47.5
Axa XS0179060974 48.5 49.5
Axa XS0181369454 N/A 49.5
Nordea Bank XS0200688256 55 56
Ho provato Nordea in lettera, eseguito
Ciao!
- Stato