Search
-
Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
17% -
Cabinet act firms up details of CoCos issuance by Greek banks
Economy“pari passu” to common shares. They bear an annual coupon of 8 percent for the first 7-year period after
16% -
National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingas Common Equity Tier 1 (CET1) capital (“pari passu” with common shares) but they are an expensive
15% -
Newsletter 50 - 06/11/2015
) for the remaining 75 percent. CoCos, which qualify as Common Equity Tier 1 (CET1) capital pari passu
13% -
Greek banks' equity raising could keep official support to a minimum
Economy, and hybrid securities is activated. CoCos, which qualify as Common Equity Tier 1 (CET1) capital “pari passu
12% -
Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammecreditors due to the pari passu clause. “Also from the ESM perspective, it would make sense to repay
11% -
Newsletter 202 -12/04/2019
the agreement of all creditors due to the pari passu clause. “Also from the ESM perspective, it would make
10% -
Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammethe process on hold. Although the EFSF is a pari passu creditor, the ESM is a preferred creditor, only
10% -
Strong performance of 15-year bond bodes well for market strategy
Economyof the pari passu clause. Greece’s debt managers seem to be securing attractive borrowing costs through
10% -
Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyestimates a gg primary surplus of 812 million (0.4 percent of GDP) in 2013, higher than the initially
8%