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国際通貨基金は、スペイン政府のBANKIA銀行国有化などの処置が、スペインの10年国債の金利の上昇の原因と
El FMI ve un “efecto negativo claro” de la crisis de Bankia en la prima de riesgo
El Fondo estima un alza promedio de 40 puntos básicos tras informaciones sobre la entidad
El anuncio del rescate a la banca tras la intervención en el grupo, lo que más impacto tuvo
The IMF sees a "clear negative effect" of the crisis Bankia in the risk premium
The IMF estimates an average rise of 40 basis points after information about the entity
The announcement of the bailout of the banks following the intervention group, which had more impact
Alejandro Bolaños Madrid 18 JUL 2012 - 15:11 CET
The IMF estimates an average rise of 40 basis points after information about the entity
The announcement of the bailout of the banks following the intervention group, which had more impact
Alejandro Bolaños Madrid 18 JUL 2012 - 15:11 CET
The IMF experts have found no better example than the nationalization of Bankia to illustrate the link between irrigation and the risk of bank debt, your main concern in the annual report just published on the Euro Area. "It provides a unique opportunity," added the Fund staff, who focus on the significant increase in the risk premium in the days following the intervention of information about the entity and its consequences.
"The analysis suggests that the episode of Bankia had a clear negative effect on financing costs of the Spanish state," conclude the Fund's experts, who study the impact of major events between May and June: the resignation of President Bankia, Rodrigo Rato and the announcement of nationalization (May 7), the conversion of 4,500 million preference shares state of BFA (Bankia matrix) in shares (10 May), the announcement of the need for a public injection of 19,000 million in Bankia (25 May) and the announcement of the Spanish banking bailout by the Eurogroup (June 9) after surgery in the state.
The conclusion is that, on average, within four days of information, the risk premium increased by 40 basis points, an increase that IMF experts attributed directly to the crisis of Bankia. And in contrast to the increase on different days of April, before the intervention of the entity now headed by José Ignacio Goirigolzarri, just 10 points in similar periods.
The most striking event in the Spanish risk premium was the announcement of the Spanish banking bailout, which pushed the difference with the German bond by about 10%. The remaining events led around Bankia increases close to 5%. IMF experts are cured in health and warn that their analysis does not take into account the hypothetical effect on the risk premium Spanish of the doubts generated by the Greek elections, a relationship that did set, repeatedly, the Spanish Government who days.
"The analysis suggests that the episode of Bankia had a clear negative effect on financing costs of the Spanish state," conclude the Fund's experts, who study the impact of major events between May and June: the resignation of President Bankia, Rodrigo Rato and the announcement of nationalization (May 7), the conversion of 4,500 million preference shares state of BFA (Bankia matrix) in shares (10 May), the announcement of the need for a public injection of 19,000 million in Bankia (25 May) and the announcement of the Spanish banking bailout by the Eurogroup (June 9) after surgery in the state.
The conclusion is that, on average, within four days of information, the risk premium increased by 40 basis points, an increase that IMF experts attributed directly to the crisis of Bankia. And in contrast to the increase on different days of April, before the intervention of the entity now headed by José Ignacio Goirigolzarri, just 10 points in similar periods.
The most striking event in the Spanish risk premium was the announcement of the Spanish banking bailout, which pushed the difference with the German bond by about 10%. The remaining events led around Bankia increases close to 5%. IMF experts are cured in health and warn that their analysis does not take into account the hypothetical effect on the risk premium Spanish of the doubts generated by the Greek elections, a relationship that did set, repeatedly, the Spanish Government who days.
国際通貨基金（IMF）は、リスクプレミアムに危機Bankiaの "明確な負の効果"を見て
IMFは、エンティティに関する情報の後に40ベーシス·ポイントの平均上昇を推定する
より多くの影響を与えた介入群、以下の銀行の救済の発表
アレハンドロ·ボラニョスマドリード18 JUL 2012 - 15時11分CET
社長Bankiaの辞任、 "分析はBankiaのエピソードは、スペイン国家の資金調達コストに明確な負の効果を持っていたことを示唆している" 5月と6月の間に主要なイベントの影響を研究基金の専門家が、結論ラトと国有化の発表（5月7日）、株式のBFA（Bankia行列）（5月10日）の4,500百万優先株状態の変換、19000万ドルの公的注入の必要性を発表Bankia（5月25日）との状態で手術後のユーログループによるスペインの銀行救済策の発表（6月9日）であった。
結論は、平均して、情報の4日以内に、リスク·プレミアムは40ベーシスポイント、IMFの専門家がBankiaの危機に直接起因しているの増加により増加したということです。そして今、ちょうどホセ·イグナシオ·Goirigolzarri、同様の期間で10ポイントが率いる団体の介入前の4月の別の日に増加し、対照的である。
スペインのリスク·プレミアムの中で最も印象的なイベントは約10％、ドイツ債との違いをプッシュスペインの銀行救済策の発表だった。 Bankia周りにつながった残りのイベントに近い5％増加します。 IMFの専門家が健康で硬化させ、彼らの分析は、スペイン政府は誰が、何度も、考慮ギリシャの選挙によって生成された疑いのスペイン語のリスク·プレミアム、設定した関係上での仮説を反映しないことを警告されている日。
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