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News from the Real Estate and Financial / business sector to keep you updated. These are taken from RSS feeds, please click on the link in the article to read the complete news.

Banks expected to make huge treasury gains on bonds

Postby autoBOT » Wed Apr 03, 2013 4:30 pm

Tue, 02 Apr 2013 18:30:00 GMT

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A cut in the repo rate lowers banks' borrowing costs. Prices of bonds, which banks had bought when interest rates were high, rise as there is a scramble among investors to lap up these higher-yielding securities.



Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm
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