3 ms·
> Being part of hsbc stops the assets needing to be sold at a loss Borrowing in the maket at 5% so you can keep the bonds paying 1% for the next 10 years might
by shapefrog 4y ago
> Being part of hsbc stops the assets needing to be sold at a loss
Borrowing in the maket at 5% so you can keep the bonds paying 1% for the next 10 years might not seem like a "loss" but it is a loss.
- dan-robertson 4y agoFor sure that’s a reasonable possibility. But even if this in particular is -ve, I think it could still be a good deal for hsbc for the reasons given above and below.