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LCH Raises Margins Costs For Most Spanish Bonds
And from pure rumor, whereby the ECB's SMP which is not used due to Germany's stern disapproval, gets somehow replaced with the ESM, which does not exist, we go to fact, whereby we find that LCH, just as expected earlier, has hiked Spanish margins.
- LCH SAYS CHANGE IN SPANISH MARGINS EFFECTIVE FROM CLOSE JUNE 21
- LCH RAISES MARGIN COSTS FOR TRADING MOST SPANISH BONDS
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I'm begining to think TPTB are trying to kill Spain.
They may now be ready to destroy the current system.
NWO here we come.
Phase 7?
Swinegela Merdekel just OK'd eurobonds:
http://www.marketwatch.com/story/germany-to-allow-europe-funds-to-buy-de...
Now we know why the markets are soaring.
just more bullshit (like the soaring markets), from the link
Germany is going to allow the euro zone's bailout funds to buy the sovereign debt of troubled European nations, according to reports in British news outlets including the Guardian and Sky News, without attribution.
those are non-german european bonds, not the fabled and highly sought by the square mile EuroBonds. Nevertheless, interesting, thanks. - Edit: Global Hunter was faster
Retaliation for the ratings agencies?
LCH must be real busy not being investigated for the JPM scandal so they had to pull this quickie patchwork.
The Empire Strikes Back! Dahdahdahdadadah,dadadahhhh...
But will they hike them again tomorrow, and again the day after that, and twice the next day?
Hey, that's really interesting on the Spanish bonds.
Did you happen to notice that the SPX is up 19 handles again today?
LOL.
Love how you crassly shit on the nonsense. Kudos you're a dying breed.
bullish
B U L L I S H
meaning...??? this make more difficult to purchase on margin?? or make the people who bought on margin to cover the hike so the bonds have an artificial support??
makes them more expensive to purchase on margin, stands to reason there will be less buyers. less bonds can be bought for the same amount of capital.
Those participants who cannot come up with the extra cash will no doubt be selling their bond positions – ouch.
And we have lift off, lift off of the Space Ship Ponzi.
perhaps they're raising the margins because of the huge demand and they're trying to control the flow of capital into spanish bonds? bwahahaha
Just BTMFD.
problem solved.
I think there will be a huge SMP purchase of spanish bonds the coming days. so they hike the margins to force the current holders to stay in...will see...
They just raised the price of a can of soda in my local
coffee shop from 1.25 to 1.50 euro.
20% inflation bitches.
Drinking water at the toilet is the new trend when
having a dry mouth from the joint.
Next step 50 cent for toillet visit to make op the
difference.Live is getting hard for a low wage
factory guy,fuck the system.
Rent up 10 euro,healthcare up 10%,foodbill up 7%.
Only question left is when to run away with my pockets
loaded with gold and silver and start a new life.
Looking for a place where I get to profit from the
fruits of my labour,now I feel like they pick my
pockets day in day out.It is not rewarding to be
productive nowdays.Ordered 3 two ounce silver
dragons and a gramm of hashish to chear myself up.
WINNING
Silver, that's too bad. I can still can a 4 oz can for $1.00 USD.