Great newsletter. A clarification:
Greece will sell T-bills on Tuesday, not Monday. It will be a
higher amount than usual as Greece will refinance a maturing
issue.
The outcome of the auction will
probably be decided on Monday on a meeting between the
euro- zone finance ministers,
scheduled for Nov. 12. ECB will not support the Greece auction
unless EU takes measures but EU will most likely give Greece
support this time as well.
Weekend Newsletter
Posted by steve on 10th of Nov 2012 at 10:14 pm
http://breakpointtrades.com/market_analysis/legacy.php?nl_id=1321
Greece will sell bills on Tuesday
Posted by lebow on 11th of Nov 2012 at 10:15 am
Great newsletter. A clarification: Greece will sell T-bills on Tuesday, not Monday. It will be a higher amount than usual as Greece will refinance a maturing issue.
The outcome of the auction will probably be decided on Monday on a meeting between the euro- zone finance ministers, scheduled for Nov. 12. ECB will not support the Greece auction unless EU takes measures but EU will most likely give Greece support this time as well.
Here is a link:
http://www.nasdaq.com/article/greece-sells-e13-billion-in-t-bills-as-protests-continue-20121106-00617#.UJ-9QYcsCWE