NewsWhore
06-08-2011, 02:00 AM
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Pimco Australia Says Highest Key Rate Aids Profit on Buying Bonds Abroad (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHndmPqdh9Okxfn2NtUd85ZLBhFWg&url=http://www.bloomberg.com/news/2011-06-08/pimco-australia-says-highest-key-rate-aids-profit-on-buying-bonds-abroad.html)
Bloomberg
s Australian unit is using the developed world's highest interest rates to reap profits by buying bonds offshore and hedging them back into the local currency. Pimco, which manages about A$32 billion ($34 billion) of assets in Australia, ...
and more » (http://news.google.com/news/more?ned=us&ncl=dZTnpT-h9_LeYPM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHndmPqdh9Okxfn2NtUd85ZLBhFWg&url=http://www.bloomberg.com/news/2011-06-08/pimco-australia-says-highest-key-rate-aids-profit-on-buying-bonds-abroad.html)
Pimco Australia Says Highest Key Rate Aids Profit on Buying Bonds Abroad (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHndmPqdh9Okxfn2NtUd85ZLBhFWg&url=http://www.bloomberg.com/news/2011-06-08/pimco-australia-says-highest-key-rate-aids-profit-on-buying-bonds-abroad.html)
Bloomberg
s Australian unit is using the developed world's highest interest rates to reap profits by buying bonds offshore and hedging them back into the local currency. Pimco, which manages about A$32 billion ($34 billion) of assets in Australia, ...
and more » (http://news.google.com/news/more?ned=us&ncl=dZTnpT-h9_LeYPM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHndmPqdh9Okxfn2NtUd85ZLBhFWg&url=http://www.bloomberg.com/news/2011-06-08/pimco-australia-says-highest-key-rate-aids-profit-on-buying-bonds-abroad.html)