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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessA few Ratings relevant notes, after 10-Yr.....>
ITALY: A few Ratings relevant notes, after 10-Yr Italy/Germany cash spreads
ended day on highs:
- `ITALY TREASURY SOURCE SAYS EARLY RETIREMENT OPTION IN BUDGET IS STRUCTURAL,
NOT ONE-OFF` just reported by Reuters. Note that Moody's in last Friday's Italy
downgrade treated the pension changes to allow early retirement as a one-off
charge for 2019 only.
- A few minutes ago Moody's just announced it was taking action on "12 Italian
financial institutions", "downgrading the long-term deposit ratings and/or the
counterparty Risk Ratings of eight banks, the long-term issuer and/or senior
unsecured debt ratings of three institutions, and the long-term Counterparty
Risk Assessments of seven banks."
- Moody's revised the outlooks on the long-term deposit and senior
unsecured debt ratings of UniCredit, and on the long-term issuer rating of FCA
Bank to stable from positive.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.