Originally Posted by Beagle Yes they are keeping a LOT of dry powder there. Interesting contrast to CEN now paying out 100% of free cash flow. Another top up by this dog this morning. Ultra low interest rates for the next decade is how I see it. wise dog on this one see nz bond yields dropped to 1.91% a record low. 8.4% vrs 1.91% no way its going to remain like that for ever
Last edited by bull....; 26-03-2019 at 11:44 AM.
one step ahead of the herd
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