rams a test for sub prime, page-6

good post commodore.

if history is anything to go by, if the Fed cuts interest rates on the 18th of this month, then liquidity should improve in credit markets. the case for a rate cut is stronger now following the US employment figures.

Can you say whether RAMS would be able to refinance with the RBA? If so what effect would that have on RAMS funding costs? I know that Aus bank bill rates recently hit 7% which is unprecedented.

the continual sell off in rams is getting ridiculous now.