Explainer-What is at stake for sovereign debt bill as New York legislature reconvenes [Yahoo! Finance]
BNP PARIBAS SPONS ADR (BNPQY)
NASDAQ:AMEX Investor Relations:
invest.bnpparibas.com/en
Company Research
Source: Yahoo! Finance
of a controversial bill that aims to streamline sovereign debt restructurings, with hundreds of billions of dollars in bond contracts on the line. Below are facts about the proposal and potential ramifications. WHY IS THIS IMPORTANT? Unlike corporations or individuals, countries cannot declare bankruptcy and the current process of a debt restructuring can be costly both in time and money. The proposed bill looks to "provide effective mechanisms for restructuring sovereign and subnational debt" and the rewrite of this state law would retroactively affect sovereign debt contracts and its holders across the world. A stronger, yet simpler international architecture for restructurings is needed, proof of which are attempts put together over the past decades by various stakeholders, most recently the Group of 20's Common Framework for Debt Treatments. The International Monetary Fund recently endorsed a key reform to promote its own "capacity to support countries undertaking debt res
Show less
Read more
Impact Snapshot
Event Time:
BNPQY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BNPQY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BNPQY alerts
High impacting BNP PARIBAS SPONS ADR news events
Weekly update
A roundup of the hottest topics
BNPQY
News
- BNP Paribas Primary New Issues: No STAB Notice ILIAD tap [Yahoo! Finance]Yahoo! Finance
- Bitcoin Rises 1.5%, Ethereum's Breakthrough to $5,000, and Why Furrever Token Is the Next Big Thing [Yahoo! Finance]Yahoo! Finance
- Over 600 Financial Institutions Reveal Billions Invested in US Spot Bitcoin ETFs [Yahoo! Finance]Yahoo! Finance
- Sustainable Finance Summit Awards 2024: winners announced in Paris [Yahoo! Finance]Yahoo! Finance
- Gold, silver and platinum's red-hot rally still has further to go, strategists say [MSNBC.com]MSNBC.com