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13-06-2020, 07:00 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
In all Fixed Income, when you push redemption dates out, and lower the rates, it is a Technical Default...
In case you don't know already, a rate of 3.5 to 5 percent is not sustainable. CPF will have to lower rates and stagger payouts.
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/lowering-cpf-rates-extend-redeem-date-is-a-technical-default.282116/).
In all Fixed Income, when you push redemption dates out, and lower the rates, it is a Technical Default...
In case you don't know already, a rate of 3.5 to 5 percent is not sustainable. CPF will have to lower rates and stagger payouts.
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/lowering-cpf-rates-extend-redeem-date-is-a-technical-default.282116/).