STABLE COIN LA VIA PER ESSERE LIBERI DAL FALLIMENTO DEL SISTEMA EURO


INCREDIBILE- SIAMO VICINI AL BARATRO!!!


Europe Suspends Mortgage Bond Trading Between Banks (Update3)
By Esteban Duarte and Steve Rothwell

Nov. 21 (Bloomberg) -- European banks agreed to suspend trading in the $2.8 trillion market for mortgage debt known as covered bonds to halt a slump that has closed the region's main source of financing for home lenders.

The European Covered Bond Council, an industry group that represents securities firms and borrowers, recommended banks withdraw from trades for the first time in its three-year history until Nov. 26. Banks are still obliged to provide prices to investors, according to the statement today.

Banks including Barclays Capital, HSBC Holdings Plc and UniCredit SpA took the step as investors shun bank debt on concern lenders face more mortgage-related losses than the $50 billion disclosed. Abbey National Plc, the U.K. lender owned by Banco Santander SA, became the third financial company to cancel a sale of covered bonds in a week as investors demanded banks pay the highest interest premiums on covered bonds in five years.

``We are in a deteriorating situation,'' Patrick Amat, chairman of the Brussels-based ECBC and chief financial officer of mortgage lender Credit Immobilier de France, said in a telephone interview. ``A single sale can be like a hot potato. If repeated, this can lead to an unacceptable spread widening and you end up with an absurd situation.''
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2 commenti:

Hermano Tobia ha detto...

Interessante

Da notare che lo spread tra i titoli di stato del Club Med europeo e quelli tedeschi ha nuovi record; sul decennale lo spread tra BTP e Bund ha raggiunto i 40bp ...

Non a caso qualche mese Goldman Sachs aveva cominciato a shortare i nostri titoli ... molto furbi ... difficilmente sbagliano lato del mercato ... a quanto ne so sono l'unica banca che ha guadagnato shortando i subprime mentre i polli a capo di Citigroup, Merrill ed altri ci hanno lasciato le penne

ma tanto chissenefrega, basta vedere in TV l'isola dei famosi o Ciao Darwin e tutto va bene ...

Complimenti a Mercato Libero per le analisi sempre interessanti

ML ha detto...

siamo sulla stessa linea di pensiero.....spero anche d'investimenti!