Italy's Treasury distances itself from proposal on bad loan market

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Italy's Treasury distances itself from proposal on bad loan market

ROME - Italy's Treasury has no plans to adopt measures impacting the country's 307 billion euro bad loan market, a ministry source said on Wednesday, after some ruling lawmakers resubmitted a measure to protect borrowers if they fall behind in repaying bank debts.

Italy's non-performing loan market is the largest in Europe. The way it works is that investors buy bundles of soured loans at a discount from banks which are keen to get them off their balance sheets. The four lawmakers have been trying to relaunch an amendment that had already been rejected in September with the aim of making it easier to apply the initial legislation.

In a bulk sale of credits, the relevant price for the market is that of the overall portfolio, which is an average of the prices of the single loans.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 450. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

The $26 trillion Treasury market is showing resilience in a year of extreme volatility, regulators sayJoy Wiltermuth is a news editor and senior markets reporter based in San Francisco.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Stock Market Today: Dow ends higher, but rising Treasury yields keep lid on gainsStock Market Today: Dow ends higher, but rising Treasury yields keep lid on gains
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: Stocks slide, Treasury yields rise as bears test peak rate betsStocks are closely tracking Treasury yields Tuesday, ahead a key three-day run of new bond auctions, as markets test recent bets on peak Fed rates.
La source: startelegram - 🏆 248. / 63 Lire la suite »