Yes, indeed, but there's somewhat of a difference between parking your money with the Bank of Japan, and lending it to a commodity producer (even a big one).
The BoJ might still attract some very conservative depositors who are happy to pay for the privilege, but if BHP ran an advertising campaign saying they will provide monetary custodianship services without paying any interest on depositors' money, then I am certain that the only subscribers they will get to such a scheme will be either insane or Nigerian scammers.
News: BHP S&P cuts BHP Billiton to 'A' from 'A+', page-20
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Last
$44.74 |
Change
1.380(3.18%) |
Mkt cap ! $227.0B | |||
| Open | High | Low | Value | Volume |
| $44.35 | $44.86 | $44.27 | $675.0M | 15.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | $44.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.75 | 3245 | 8 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |