BENhasadisadvantageinthisarea-notanadvantage."as interest rates being paid can't fall below zero
Allthebankscouldlose,butBenmaybemorerelianton"suckers"whodon'twatchtheirmoney,orwhoareattractedtothecommunitybankingstoryratherthanbeingtight-arse,relativetootherlenders,soareductionininterestratescouldcostalotmoreforBENthanotherlenders-asinterestratesbeingpaidcan'tfallbelowzero.Ialsosuspectthattheinterestratesintheaccountsofalllendersmightbepaddedby100%offsetaccountsraisingtheaverageinterestratepaid.
Strangely-thosethathavethemosttight-arsetermdepositholdersmightbeleasteffectedbyzeroboundeffectsduetointerestratesfalling.
Ask the Japanese where interest went negative to encourage spending
"as interest rates being paid can't fall below zeroAsk the...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.71 |
Change
0.060(0.52%) |
Mkt cap ! $6.650B | |||
| Open | High | Low | Value | Volume |
| $11.73 | $11.82 | $11.71 | $17.10M | 1.453M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6776 | $11.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.72 | 6970 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BEN (ASX) Chart |