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
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!
Try this at SFE
Remember price and yield are inverse.
Also convention states that 100 - price gives you the interest rate of the bill
jurn said:
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!