Roger J Kerr says borrowers need to use longer dated swaps to get the positive values to immunise year to year interest costs against adverse market movements
Roger J Kerr says borrowers need to use longer dated swaps to get the positive values to immunise year to year interest costs against adverse market movements
Roger J Kerr says borrowers have finally realised that short-term interest rates in New Zealand are now more likely to increase by 2% over the next 18 months
Roger J Kerr says borrowers have finally realised that short-term interest rates in New Zealand are now more likely to increase by 2% over the next 18 months