"The stock closed 7 per cent lower at $36.80 as its subordinated debt blew out to 500 basis points and its senior debt ballooned to 320 basis points, indicating the riskiness the market is now attaching to the stock and its capacity to refinance debt, sell assets and maintain earnings.
To put it in perspective, some of the big US investment banks, such as Citigroup's, senior debt was attracting 300 basis points, while JPMorgan's senior debt was 200 basis points."
Well yeah, there is a difference between subordinated and senior debt then, isn't there. Its comparing apples and oranges.
It must be fixed, IMMEDIATELY ! Shreiks numis with a rising voice and foot-stamping hissy fit.
Sheesh.
anyone here shorting macbank, page-55
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MQG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$227.15 |
Change
0.350(0.15%) |
Mkt cap ! $86.57B | |||
| Open | High | Low | Value | Volume |
| $228.50 | $230.33 | $226.08 | $152.5M | 680.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44 | $227.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $227.18 | 523 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MQG (ASX) Chart |