Wednesday, June 23, 2010

Nikki Fairchild Wikipedia

Stop the CCT, the Treasury launches CCTeu


are now on the launch pad CCTeu , the new financial instrument that the State will make available of investors replacement of old CCT.
The novelty is, provided everything else including the 7-year maturities, the benchmark indicizzazione , precedentemente i BOT, ora il tasso Euribor a 6 mesi.
L' Euribor è il tasso interbancario , ovvero il parametro utilizzato dagli istituti di credito per scambiarsi il denaro tra di loro, già in vigore per quanto riguarda i mutui ipotecari.
I vecchi CCT non spariranno di colpo , ma quelli già emessi resteranno sino alla loro scadenza naturale e il Tesoro ha già assicurato la necessaria liquidità per mantenere regolari scambi.
Il provvedimento per ora interessa solo gli investitori Institutional but once created a critical mass in the market, CCteu be purchased in placement, even by individuals who since the first issue will still buy them on the secondary market.
The transition to CCTeu is considered altogether positively , as well as an adjustment to the European practice, allows for a more indexing corresponding to market prices, as the ' Euribor rate is a more representative that of Bot . Also is an alignment with respect to expected parameter for calculating the rates payable for the customer (mortgages).
For the first issues on the spread ' Euribor should be 0.80, which adds 1% of current' Euribor at 6 months for a final gross rate of 1 .80% of . Nothing sumptuous, but in these times of limited rates, that's something considering that it is a variable and then potentially increased if market conditions complied with the standard medium.

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