esteban74 escribió:..."Today the Appeals Court awarded a victory to holdout creditors by denying a request from restructured bondholders to grant NY certification on the "pari passu" issue. This does not affect the appeals process underway but limits the menu of options available to the sovereign and to affected third party creditors to attempt to overturn the ruling against Argentina.
Benchmark bonds are down another $2.5 today, with Discounts trading at $67 offer (up 47 bps, with YTM at 13.2%), and thus narrowing the basis with CDS (which has remained wider all along early this year as cash bonds rallied).
Certification is the process by which a federal court refers a matter to a state court (in which judges might have some specific understanding of the issue being litigated because it involves state laws or regulations). Restructured bondholders who oppose the pari passu ruling against Argentina in the Appeals Court were attempting to open a new avenue of litigation to have the matter overturned."...(JPM)
La verdad que quieren hacernos creer sobre vctorias que no son cuando era casi una obviedad que ese pedido de los bonistas no iba a prosperar. Los bonistas (hold in) fueron por muchos frentes y este era un frente totalmente colateral y se utilizó para no descartar todas las posbles vías judiciales pero era casi cantado que esto no iba a prosperar. Pensar que esto e una victoria de los buitres es como mínimo una exageración.
En absoluto los k no son ******* se tiran al 2015 con todo, pagarán hasta el último peso/dólar.suerte
qlp blue 7,25, arriba el gaucho.
y por ende los bonos en dolares tambien