Post by Fletchsmile on Apr 9, 2015 12:31:06 GMT 7
All I can say is I hope Naam and Paddy have been saving their pocket money, as we wouldn't like to lose them. Extracts and link below:
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Bond traders warn of foreigner withdrawal
Fed rate hike could spur exit from market 9 Apr 2015 at 06:00
NEWSPAPER SECTION:
BUSINESS | WRITER: NUNTAWUN POLKUAMDEE The Finance Ministry...
The Finance Ministry must be prepared for a new exodus of foreigners from the Thai bond market once the US Federal Reserve starts normalising its interest rate, even using Treasury reserves if capital outflows accelerate...
A US rate hike would prompt foreign investors to swiftly cash out of the bond market and the yield curve would then increase, TBMA president Tada Phutthitada said, adding that the abrupt rise in the yield curve would deliver losses to mutual funds and insurers with bond exposure...
Treasury reserves and the 400-billion-baht demand for government bonds should be a sufficient cushion against potential capital outflows, he said. At the end of February, Treasury reserves stood at 183...
Please credit and share this article with others using this link:
www.bangkokpost.com/business/finance/522823/bond-traders-warn-of-foreigner-withdrawal
View our policies at goo.gl/9HgTd and goo.gl/ou6Ip. © Post Publishing PCL. All rights reserved.
----------------------------------------------------------------------------------
Bond traders warn of foreigner withdrawal
Fed rate hike could spur exit from market 9 Apr 2015 at 06:00
NEWSPAPER SECTION:
BUSINESS | WRITER: NUNTAWUN POLKUAMDEE The Finance Ministry...
The Finance Ministry must be prepared for a new exodus of foreigners from the Thai bond market once the US Federal Reserve starts normalising its interest rate, even using Treasury reserves if capital outflows accelerate...
A US rate hike would prompt foreign investors to swiftly cash out of the bond market and the yield curve would then increase, TBMA president Tada Phutthitada said, adding that the abrupt rise in the yield curve would deliver losses to mutual funds and insurers with bond exposure...
Treasury reserves and the 400-billion-baht demand for government bonds should be a sufficient cushion against potential capital outflows, he said. At the end of February, Treasury reserves stood at 183...
Please credit and share this article with others using this link:
www.bangkokpost.com/business/finance/522823/bond-traders-warn-of-foreigner-withdrawal
View our policies at goo.gl/9HgTd and goo.gl/ou6Ip. © Post Publishing PCL. All rights reserved.
....is it a bird...is it a plane....is it superman...no.....its "some Polish fellow"....
