main points were,
QBE hold American bonds,
if American interest rates go up, American dollar goes up, Australian dollar goes down, QBE make more money out of their American bonds which converts to higher Aussie dollars with a favourable exchange rate
Cheers.
re; qbe pricing, page-76
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Last
$16.61 |
Change
0.060(0.36%) |
Mkt cap ! $24.95B | |||
| Open | High | Low | Value | Volume |
| $16.73 | $16.82 | $16.50 | $69.33M | 4.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16180 | $16.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.61 | 5135 | 2 |
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| QBE (ASX) Chart |