TomWinnifrith
Welsh Hovel
Greek Hovel
Woodlarks
About

All Stories

Victoria: Evil Banksta explains today’s financial engineering: target still 0p!

Tom Winnifrith
Monday 22 September 2025
Holders of Victoria (VCP) 2028 bonds are being offered the chance to swap every 1000 Euro of their old bonds for 525 Euro of new bonds wth a 2031 maturity. Okay the 2028 bonds can be bought in the market for only 24 cents in the dollar but why would anyone do this? What is gong on? Evil Banksta explains.

on Tom Winnifrith | Comments

Filed under:

About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]

Click here to listen the old-fashioned way.

Recently Featured on ShareProphets
  1. Tom Winnifrith Bearcast: As we all pray for Magna Carta I wonder do I dare think Nigel Wray has it wrong?

     

  2. Hamak Strategy: surely this is an RTO and a prospectus is needed? Where is the FCA on all of this?

     

  3. Video: Greg Orrell - Why Gold & Silver Are Surging

     

  4. Hamak: not 1 but 2 death spirals, what’s not to like?

     

  5. Tern Open Offer flops- without a firesale it will run out of cash in less than three months

     

  6. Eco Buildings: bear squeeze possible? something not right

     

  7. Tom Winnifrith Bearcast No 3: Predator, I just don't believe you

     

  8. DYNAMITE: Cirata, a whistleblower writes

     

  9. Tom Winnifrith Bearcast No 2: Could one of my tips of the year be about to multibag?

     

Sign up for my weekly newsletter








Required Reading
  1. 18m person Japanese study shows covid jabs increase death risk: Conservative Woman

     

  2. Mark Steyn: The Great Big Convoy

     

  3. Damning review of Nicola Sturgeon biography by JK Rowling

     

  4. Tossers at the Oxford Union think Tory Peer Hedge Fund Manager represents the Despised Working classes more than author & Dagenham firefighter Paul Embery,

     

  5. What's the Point of Private Eye? The Daily Sceptic

     

  6. Obesity will starve the NHS: Unherd

     

  7. Mark Steyn: one year on from October 7

     

  8. The press & the US Election: they see their corruption as heroism - RCP

     


Recent Comments


I also read
  1. Caroline Glick

     

  2. Mark Steyn

     

  3. Mark Wadsworth

     

  4. Melanie Phillips

     

  5. Order Order

     

  6. Peter Hitchens

     

  7. Tim Worstall

     

  8. Wexboy

     

  9. Zero Hedge