TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Mar 15, 2024 12:53pm
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Post# 35935212
Who Knows what Prime will be... It can be anything.
Who Knows what Prime will be... It can be anything.Banks will "adjust" their rates they charge by adding to or from Prime.
Kind of like what's going on right now with 5 year rates prefers are based off.
GICs offering over 5%....... meanwhile 5 year rates on Bonds less than 4%....WTF
X,W,Y.... most likely just as good or maybe better than BPO resets, I don't know, but I'm sticking with something that I know what I will be getting at a minimum.
I'll be getting at least 10% no matter what.
All just my opinion/view/thinking.....