Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 2

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direi di no, sale invece

Sicuro ? Non seguo tutti i giorni, ma rispetto alla settimana scorsa mi sembra in calo. Pure l'euribor a 3/6/12 mesi continua a scendere. Puoi indicarmi un sito dove si possa verificare l'andamenbto recente dell'IRS ? Tanto per togliermi il dubbio. Grazie :up:

Chiarito l'equivoco : stavo guardando il sito di Milano Finanza e non mi ero accorto che si riferiva allo scorso 7 Dicembre.
 
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:ciao:E' il primo rimborso questo o ne aveva già rimborsati?
Grazie

BRUSSELS, Dec 10 (Reuters) - Belgian banking and insurance group KBC is selling 1.25 billion euros ($1.6 billion) of new shares to shore up its capital position as it pays back state aid to Belgium.
KBC, which received 7 billion euros from Belgium and the region of Flanders during the 2008-2009 financial crisis, said on Monday it would pay the 3 billion euros outstanding to Belgium along with a 450 million euro premium on Dec. 17.
The group said it was committed to maintaining a capital ratio of 10 percent of risk-weighted assets under tough new Basel III regulations and so had decided to raise 1.25 billion euros from selling new shares to investors on Monday.
KBC's shares, which were suspended by the regulator, closed on Friday at 23.465 euros, up 141 percent since the end of 2011.
Issuing new stock dilutes earnings per share for existing investors. However, Matthias De Wit, banking analyst at Petercam, said the share price surge had made such a move an attractive option for KBC, even if it had indicated previously it would not do so.
"I can understand it. It's logical. There might even be some relief because it removes uncertainty," he said.
Core shareholders owning 54.1 percent of the stock said they supported the move.
For Belgium, the money will arrive at a useful time, given it has committed to paying 2.92 billion euros for a third bailout of Franco-Belgian group Dexia.
"This should help with our efforts to keep Belgium's debt-to-GDP ratio under 100 percent," a finance ministry spokesman said. The ratio was 97.8 at the end of 2011, according to the central bank.
KBC also plans to issue a non-dilutive capital note of about 750 million euros in the first quarter of 2013.
KBC, which repaid 500 million euros plus a 15 percent premium to the Belgian state a year ago, said it would also be giving back 1.17 billion euros of aid to Flanders, along with a 50 percent premium, or 580 million euros, in the first half of next year.
The transfers would see the group fulfil its pledge to repay 4.67 billion euros of principal, plus penalties, by the end of 2013. It would then still owe Flanders 2.33 billion euros.
KBC said it would continue its dialogue with the European Commission regarding further asset sales.
It also referred to two negative items that would impact its fourth quarter results.
The first, based on a change in Belgian legislation, would be a hit of 50 million euros for income tax expenses. The second, based on current market conditions, was a net 100 million euros of non-recurring items.
Separately on Monday, the head of KBC Bank Ireland told Irish media that mortgage arrears there had dropped for the first time in five years during October and November, although the decline was small.
"We expect things to moderate in '13 and we're looking forward then in '14 and '15 to reverting to substantial profitability as a business," John Reynolds told Irish state broadcaster RTE at the opening of its first retail branch in Ireland on Monday.
JP Morgan Securities is joint global coordinator and joint bookrunner for KBC's share offering, while Nomura International is joint bookrunner and KBC Securities joint global coordinator and co-bookrunner.
 
Uno sguardo all'economia olandese con gli occhi della DNB:

AMSTERDAM--The Dutch central bank Monday said the Netherlands faces a prolonged period of economic contraction and warned that the euro-zone's fifth-largest economy will likely miss the European Union's budget deficit target.
"For the second time in four years, the Netherlands is in economic decline," said the central bank, De Nederlandsche Bank, in its biannual report on the Dutch economy.
Because of the deteriorating economy, the [budget] deficit is likely to be higher than the government foresaw at the time of its formation over a month ago, said DNB. It sharply slashed its forecasts for the Dutch economy, saying gross domestic product will shrink 0.6% in 2013--compared with a June estimate of 0.6% growth.
The central bank also said the economic downturn this year will be deeper than previously thought, mainly because of a sharp contraction in the third quarter. It now forecasts GDP in 2012 to shrink 1% from a previous estimate of a 0.6% contraction. Unemployment will likely increase to 6.7% in 2014 from 5.2% in 2012, it added.
The report highlights how the debt crisis in the euro zone is infecting some of the bloc's more robust "core" members. On Friday, Germany's central bank warned of a looming recession in Europe's largest economy, citing weakness in the euro area and global trade.
The central bank's report is a setback for Dutch Prime Minister Mark Rutte, whose new coalition government was installed last month and presented EUR16 billion ($20.68 billion) in sweeping austerity measures to bring finances in line with EU requirements.
Throughout the crisis in the euro zone, Mr. Rutte has been a staunch proponent of budgetary discipline, calling on fiscally troubled member states to shore up their budgets. But the government's efforts to tackle its own fiscal troubles have been frustrated by a weak economy at home.
DNB said the government's budget deficit will continue to exceed the EU's ceiling of 3% of GDP. The shortfall is expected to come in at 3.5% in both 2013 and 2014, down from a 4.1% gap this year.
The Netherlands' export-oriented economy is heavily reliant on the euro zone, where demand has weakened since the crisis deepened. The country is also wrestling with the fallout of a housing market slump that is hurting private consumption. DNB said that by 2014, house prices are expected to have dropped by 21% from the 2008 peak, amid planned changes to a tax deduction on mortgage interest payments.
DNB said the economic recovery will be "extraordinarily slow", forecasting a 1% growth rate for 2014. An improvement in the housing market and a structural solution to the crisis in the euro zone would give the economy a boost, it said.
 
un po' di sana recessione anche al nord non farà male per la comprensione che forse la strada intrapresa non è propriamente quella più corretta
 
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