KCN 4.65% $1.35 kingsgate consolidated limited.

When we had Covid lockdowns banks piled into long term bonds, I...

  1. 1,223 Posts.
    lightbulb Created with Sketch. 186
    When we had Covid lockdowns banks piled into long term bonds, I recall repo rates going negative..they made a whole bunch or money when interest rates going down... but now they are stuck with a stockpile of bonds.. and probably unhedged..

    Credit suisse has been in trouble for some time and Swiss government said they will provide liquidity. I don't foresee it failing anytime soon. Bu the banking crisis may give the Fed a reason consider to pause..
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.35
Change
0.060(4.65%)
Mkt cap ! $347.9M
Open High Low Value Volume
$1.33 $1.36 $1.30 $900.7K 678.9K

Buyers (Bids)

No. Vol. Price($)
1 2877 $1.35
 

Sellers (Offers)

Price($) Vol. No.
$1.37 2963 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.