Forums - The weekly: Greece to default/restructure THIS weekend? thread

HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US

Your Account • Become a Member • Help • Search

	Forums ›› Main ›› Economics ›› The weekly: Greece to default/restructure THIS weekend? thread

Page 7 of 59: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Last Page »

morganist
Moderator

Registered: Sep 2008
Posts: 3404

09-07-11 07:31 PM

Quote from zdreg:

except for martinghoul, who enjoys being bitchy, but at least can be tolerated because he is knowledgeable, people who use obscure acronyms are usually clueless and trying to hide it.
sdrm- Sovereign Debt Restructuring Mechanism

No. I just used it to shorten it.

I think the main problem with the current system is it has a huge maturity payout. If they included the principal repayments with the interest payments it would make the payment more flexible.

I don't know if that would work in Greece but other countries Britain for example could benefit.

Also my main gripe is that the repayment is based principal investment. This is not viable as global production declines.

Edit/Delete • Quote • Complain

Scataphagos

Registered: Apr 2009
Posts: 9156

09-07-11 08:18 PM

Quote from DT-waw:

http://www.zerohedge.com/sites/defa...%201%20Year.jpg

1yr bonds, yield 93%

Uh, no. That's a price chart.

Edit/Delete • Quote • Complain

morganist
Moderator

Registered: Sep 2008
Posts: 3404

09-07-11 08:24 PM

Quote from Scataphagos:

Uh, no. That's a price chart.

This is exactly what I was saying yesterday and everyone thought I was being an idiot. The top of the page clearly said value not yield or interest. Thus I thought it was a discounted bond price rather than the yield.

It turns out that the Greek economy is so bad it might as well be a yield. LMAO.

Edit/Delete • Quote • Complain

EMRGLOBAL

Registered: Feb 2007
Posts: 2680

09-07-11 08:55 PM

It's a "yield"in reality.....all the smart people know what the hell is going on with Greece.

Let the chips fall where they may with the Sheepole.

Edit/Delete • Quote • Complain

morganist
Moderator

Registered: Sep 2008
Posts: 3404

09-07-11 09:02 PM

Quote from EMRGLOBAL:

It's a "yield"in reality.....all the smart people know what the hell is going on with Greece.

Let the chips fall where they may with the Sheepole.

First Greece then everyone.

Edit/Delete • Quote • Complain

C6H12O6

Registered: Jan 2006
Posts: 291

09-08-11 12:11 AM

Quote from Scataphagos:

Uh, no. That's a price chart.

Greece Govt Bond 1Year Yield (GGGB1YR:IND)
http://www.bloomberg.com/apps/quote?ticker=GGGB1YR:IND
The rates are comprised of Generic EUR Greece government bonds. The underlying benchmark bonds are located under {YCGT0156 DES} 2 for 'Members'. These yields are based on the bid side of the market and are updated intraday. To view all terms/securities type {ALLX GGGB}. Pricing source for the bond: BGN. The generic will not update if we do not have rates for the underlying benchmark bonds, or if we do not have the underlying terms on the curve.

Edit/Delete • Quote • Complain

Page 7 of 59: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Last Page »

Receive an email whenever a new post is added to this thread by subscribing to it.

Rate This Thread:

Forum Jump:

Conduct Rules - Privacy Policy - Day Trader - Day Trader Forum - Best Trading Software - Sitemap

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures Futures Brokerage & Clearing AMP Global Clearing Futures and FX Trading Bright Trading Professional Equities Trading CTS Futures Trading Software DaytradingBias.com Professional Trading Analytics ECHOtrade Professional Trading Firm	eSignal Trading Software Provider FXCM Forex Trading Services Global Futures Futures, Options & FX Trading Interactive Brokers Pro Gateway to World Markets JC Trading Group Direct Access Trading MB Trading Direct Access Trading	MultiCharts Trading Software Provider NinjaTrader Trading Software Provider OANDA Currency Trading optionshouse Option Trading & Education Rithmic Futures Trade Execution Platform SpeedTrader Direct Access Trading	SpreadProfessor Spread Trading Instruction thinkorswim by TD Ameritrade Direct Access Trading TradersStudio System Building & Backtesting Trading Technologies Trading Software Provider Trend Following Trading Systems Provider