3 ms·
The original loan is fixed, other than the -1% interest which is basically a loan paydown gift. They pay back the nominal they borrowed. They are getting paid
by landemva 5y ago
The original loan is fixed, other than the -1% interest which is basically a loan paydown gift. They pay back the nominal they borrowed.
They are getting paid for risk-free paper shuffling.
- BearsAreCool 5y agoDoesn't this require conversion between currencies, inherently adding a ton of risk?