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Yup general election on June 8th. May says she needs an election now because other parties are opposed to the government’s Brexit plans
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Thanks for adding FFB Patrick, I like the gearing concept of it.Hello, what gearing concept? Like practically all Reits, they hedge their currency and interest rates with derivatives. Is that what you mean?
Does anyone know how liquid FFB is? Liquid enough for the challenge?
Worst still coming if Rand's local rating is downgraded. Think I'll actually worry if news of that happening starts making the rounds.Well, Fitch has downgraded local Rand denominated debt to junk together with foreign denominated debt. If Moody's does the same, that's when the big selling of government bonds will take place as they then cannot be included in bond index trackers like Citibank World Government Bond Index and JP Morgan Emerging Markets Bond Index.