I went to the investment expo and attended some lectures.
There is something called hybrids. e.g CBAPA
I read the prospectus, but it refers to the "90 Day Bank Bill Rate"
How do you find out what the 90 day bank bill rate is? or is this common knowledge?
:goodnight
thanks,
Jurn
clowboy
28th-March-2006, 12:44 AM
should be listed in finance section of newspapers (financial review)
If I am right in my understanding in how to read it then it is currently 5.6%
bvbfan
28th-March-2006, 01:53 AM
You can also get the 90 bank bill rate from Bloomberg website and from the channel on pay tv
I think Tradingroom also has links where you can get it
jurn
28th-March-2006, 09:13 AM
You can also get the 90 bank bill rate from Bloomberg website and from the channel on pay tv
I think Tradingroom also has links where you can get it
Sorry, I am a bad website user.. do you know the exact links to get there.
and another question, is the 90 bank bill rate is refering to something different to the news that says the RBA has decided to keep interest rates the same?
anyway, the cafe will have a paper so I'll find out there! :o
Jurn
bvbfan
28th-March-2006, 06:26 PM
Sorry, I am a bad website user.. do you know the exact links to get there.
Try this at SFE (http://www.sfe.com.au/index.html?content/sfe/products/bondindex.htm)
Remember price and yield are inverse.
Also convention states that 100 - price gives you the interest rate of the bill
another question, is the 90 bank bill rate is refering to something different to the news that says the RBA has decided to keep interest rates the same?
anyway, the cafe will have a paper so I'll find out there! :o
Jurn
The RBA sets the cash rate which is the basis for calculation/valuation of all other interest rate instruments like 90 day bills, bonds etc.
