Sottancamion
Schiacciato dal mercato
Eh ma se non si sa poi che ha mangiato a colazione/pranzo/cena non serve a molto. Metti che esageri con il sale, sfaserebbe tutto!
Obbligazioni valute high yield TURCHIA bond in usd e lira turca (5 lettori)
- Creatore Discussione sentex
- Data di Inizio
Fabrib
Forumer storico
Turkey’s central bank took another step to boost its coffers by raising the amount of foreign currency lenders are required to park at the regulator as reserves.
The monetary authority increased reserve requirements for foreign-exchange deposits by 200 basis points, according to a statement on Monday. The measures will withdraw around $4.2 billion of liquidity from the market, it said.
Data last week showed that Turkey’s net international reserves droppedto the lowest level since October as concerns linger that the central bank is trying to prop up the lira before elections next month. It’s unnerved investors by failing to give a clear explanation on what’s behind the recent moves in its reserves.
The central bank also introduced a new swap on May 9 that will allow it to bolster its international reserves by borrowing gold from commercial lenders. Bloomberg
The monetary authority increased reserve requirements for foreign-exchange deposits by 200 basis points, according to a statement on Monday. The measures will withdraw around $4.2 billion of liquidity from the market, it said.
Data last week showed that Turkey’s net international reserves droppedto the lowest level since October as concerns linger that the central bank is trying to prop up the lira before elections next month. It’s unnerved investors by failing to give a clear explanation on what’s behind the recent moves in its reserves.
The central bank also introduced a new swap on May 9 that will allow it to bolster its international reserves by borrowing gold from commercial lenders. Bloomberg
waltermasoni
Caribbean Trader
Correct: Fitch Affirms Turkey at 'BB'; Outlook Negative
24 MAY 2019 04:01 PM ET
Fitch Ratings-London-24 May 2019: This Rating Action Commentary, originally published on 3 May 2019, has been republished to add "Short-Term Ratings Criteria" to the list of relevant criteria. All other content is unchanged.
Fitch Ratings has affirmed Turkey's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB' with a Negative Outlook.
A full list of rating actions is at the end of this rating action commentary.
24 MAY 2019 04:01 PM ET
Fitch Ratings-London-24 May 2019: This Rating Action Commentary, originally published on 3 May 2019, has been republished to add "Short-Term Ratings Criteria" to the list of relevant criteria. All other content is unchanged.
Fitch Ratings has affirmed Turkey's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB' with a Negative Outlook.
A full list of rating actions is at the end of this rating action commentary.
NoToc
old style
Turchia: Banca centrale aumenta requisiti per depositi in valuta estera
Ankara, 27 mag 12:01 - (Agenzia Nova) - La Banca centrale della Turchia ha annunciato l’aumento di 200 punti base dei requisiti per i depositi in valuta estera. Lo si legge in un comunicato ripreso dall’agenzia di stampa “Anadolu”, secondo cui il risultato sarà il ritiro dal mercato di 4,2 miliardi di dollari di liquidità in valuta straniera. Si tratta di una decisione in controtendenza rispetto al recente passato. La Banca centrale, infatti, aveva abbassato i requisiti due volte nel 2019, in particolare a febbraio e a maggio. Ora l’obiettivo annunciato dall’istituto è quello di “sostenere la stabilità finanziaria”. (Tua)
© Agenzia Nova - Riproduzione riservata
Ankara, 27 mag 12:01 - (Agenzia Nova) - La Banca centrale della Turchia ha annunciato l’aumento di 200 punti base dei requisiti per i depositi in valuta estera. Lo si legge in un comunicato ripreso dall’agenzia di stampa “Anadolu”, secondo cui il risultato sarà il ritiro dal mercato di 4,2 miliardi di dollari di liquidità in valuta straniera. Si tratta di una decisione in controtendenza rispetto al recente passato. La Banca centrale, infatti, aveva abbassato i requisiti due volte nel 2019, in particolare a febbraio e a maggio. Ora l’obiettivo annunciato dall’istituto è quello di “sostenere la stabilità finanziaria”. (Tua)
© Agenzia Nova - Riproduzione riservata
Fabrib
Forumer storico
A top Turkish official suggested for the first time that the delivery of a Russian missile-defense system may take place later than planned, possibly giving more time to avoid a looming confrontation with the U.S.
“It may not happen in June but it will come in the upcoming months,” Defense Minister Hulusi Akar told Haberturk television late Monday. “The process has started.”
The delivery of the missiles was originally scheduled for July but Russiaoffered to bring it forward by one month, according to Turkey. It was unclear why and for how long their arrival is postponed. Ankara last week said it was working with Washington to determine a date for a possible visit by U.S. President Donald Trump, probably in July.
President Recep Tayyip Erdogan previously rebuffed American demands that Turkey delay the purchase of the S-400s, a deal that’s angered the Trump administration and prompted threats of tough sanctions. Akar said Turkey would complete its evaluation of the latest U.S. proposal to sell its Patriot air-defense system by October or November.
The U.S. threatened to sanction Ankara if it completed the purchase of the batteries, which it says could collect intelligence on the stealth capabilities of the next generation F-35 warplanes. It’s also warned that Turkey could be expelled from the fighter jet’s development program.
Akar wouldn’t comment on speculation that Turkey could purchase Russia’s fifth-generation Su-57 warplane instead. Bloomberg
“It may not happen in June but it will come in the upcoming months,” Defense Minister Hulusi Akar told Haberturk television late Monday. “The process has started.”
The delivery of the missiles was originally scheduled for July but Russiaoffered to bring it forward by one month, according to Turkey. It was unclear why and for how long their arrival is postponed. Ankara last week said it was working with Washington to determine a date for a possible visit by U.S. President Donald Trump, probably in July.
President Recep Tayyip Erdogan previously rebuffed American demands that Turkey delay the purchase of the S-400s, a deal that’s angered the Trump administration and prompted threats of tough sanctions. Akar said Turkey would complete its evaluation of the latest U.S. proposal to sell its Patriot air-defense system by October or November.
The U.S. threatened to sanction Ankara if it completed the purchase of the batteries, which it says could collect intelligence on the stealth capabilities of the next generation F-35 warplanes. It’s also warned that Turkey could be expelled from the fighter jet’s development program.
Akar wouldn’t comment on speculation that Turkey could purchase Russia’s fifth-generation Su-57 warplane instead. Bloomberg
Fabrib
Forumer storico
(Bloomberg) Turkey’s industrial giants are struggling to keep a lid on soaring finance expenses that are threatening to engulf operating income as the lira’s depreciation pushes up foreign-borrowing costs.
Istanbul’s top 500 industrial firms, which together account for almost half of the nation’s exports, reported finance expenses of 95.8 billion lira ($16 billion) last year, compared with 35.2 billion liras in 2017, according to Istanbul Chamber of Industry Chairman Erdal Bahcivan. The ratio of financial costs to operating profits almost doubled to 88.9%, he said.“Unfortunately, the erosion that financial costs are creating on balance sheets isn’t sustainable, no matter how successful operating profits are," Bahcivan told reporters at the release of the organization’s annual report on Tuesday. “Turkey should stick to financial stability and starting from inflation, all macro indicators should go back to normal as soon as possible."
Read more about Turkey’s efforts to stem the lira’s decline
The lira fell to a record low against the dollar in August amid rising political tensions with the U.S. and as President Recep Tayyip Erdogan’s administration fueled a lending spree in a failed bid to avoid the economy tipping into a recession. As a result, the corporate sector is scurrying to restructure debt as their foreign-exchange liabilities exceed those of assets denominated in other currencies.
Istanbul’s top 500 industrial firms, which together account for almost half of the nation’s exports, reported finance expenses of 95.8 billion lira ($16 billion) last year, compared with 35.2 billion liras in 2017, according to Istanbul Chamber of Industry Chairman Erdal Bahcivan. The ratio of financial costs to operating profits almost doubled to 88.9%, he said.“Unfortunately, the erosion that financial costs are creating on balance sheets isn’t sustainable, no matter how successful operating profits are," Bahcivan told reporters at the release of the organization’s annual report on Tuesday. “Turkey should stick to financial stability and starting from inflation, all macro indicators should go back to normal as soon as possible."
Read more about Turkey’s efforts to stem the lira’s decline
The lira fell to a record low against the dollar in August amid rising political tensions with the U.S. and as President Recep Tayyip Erdogan’s administration fueled a lending spree in a failed bid to avoid the economy tipping into a recession. As a result, the corporate sector is scurrying to restructure debt as their foreign-exchange liabilities exceed those of assets denominated in other currencies.
- While operating income of the 500 companies increased 53% in 2018, the improvement in net profit was limited to 20%, mostly because of higher financing expenses
- The average debt-to-equity ratio of the firms soared to a record high of 67%
- The share of short-term financial debt to total debt rose to 45.3% last year from 41.9% in 2017
tommy271
Forumer storico
* Il governo degli Stati Uniti sta seriamente pensando di sospendere la formazione dei piloti turchi di combattenti F-35 avanzati mentre Ankara procede per attuare il piano di acquisto di un sistema di difesa antimissile e antiaerea russo nonostante le proteste di Washington, ha detto l'agenzia di stampa Reuters ieri.
* I piloti turchi continuano ad essere addestrati per usare l'F-35 alla Luke Air Force Base (Arizona). Non è chiaro se la sospensione della loro istruzione significherà che devono lasciare gli Stati Uniti o se aspetteranno una decisione definitiva sul futuro della partecipazione turca al programma F-35. La Turchia ha intrapreso parte della costruzione "invisibile" per la maggior parte dei radar di caccia Lockheed Martin.
* Washington e altri membri della NATO temono che il sistema radar sarà in grado di rilevare e monitorare l'aereo avanzato, il che renderà poco efficiente evitare i sistemi antiaerei russi.
* I piloti turchi continuano ad essere addestrati per usare l'F-35 alla Luke Air Force Base (Arizona). Non è chiaro se la sospensione della loro istruzione significherà che devono lasciare gli Stati Uniti o se aspetteranno una decisione definitiva sul futuro della partecipazione turca al programma F-35. La Turchia ha intrapreso parte della costruzione "invisibile" per la maggior parte dei radar di caccia Lockheed Martin.
* Washington e altri membri della NATO temono che il sistema radar sarà in grado di rilevare e monitorare l'aereo avanzato, il che renderà poco efficiente evitare i sistemi antiaerei russi.
tommy271
Forumer storico
* La consegna del sistema difensivo S-400 in Turchia sta procedendo secondo il programma, ha detto il portavoce del presidente russo Dmitry Peskov.
* "La consegna avverrà prima di quanto originariamente previsto su richiesta della parte turca", ha detto Peskov ai giornalisti.
* "La consegna avverrà prima di quanto originariamente previsto su richiesta della parte turca", ha detto Peskov ai giornalisti.
tommy271
Forumer storico
* Le azioni illegali della Turchia nella ZEE dell'Egeo e della ZEE cipriota sono stati tema nella relazione della Commissione europea di quest'anno sullo stato dei negoziati di adesione, sottolineando che sono praticamente congelati dallo scorso giugno e che non è prevista alcuna apertura.
Fabrib
Forumer storico
ISTANBUL (Reuters) - Turkish President Tayyip Erdogan and U.S. President Donald Trump agreed in a phone call on Wednesday to meet on the sidelines of a G-20 meeting set for June 28-29 in Japan, the Turkish Presidency's communications director said.
Fahrettin Altun said on Twitter on Wednesday that Erdogan, on the call, reiterated to Trump Turkey's offer to form a working group on its planned purchase of a Russian S-400 missile defence system.
Fahrettin Altun said on Twitter on Wednesday that Erdogan, on the call, reiterated to Trump Turkey's offer to form a working group on its planned purchase of a Russian S-400 missile defence system.