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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Ahda who wrote (2920)1/8/2001 9:16:09 AM
From: Henry Volquardsen   of 3536
 
Hi Darleen,

the return I was referring to was more of a match funding issue and would therefore not be impacted by a change in the level of interest rates. If you lend at libor plus 125 and can fund at libid your return is 137.5 whether libor is 4 or 10.

Henry
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