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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 1.100+15.5%3:59 PM EST

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To: Bob Howarth who wrote (12221)1/22/1999 11:56:00 AM
From: Tony van Werkhooven  Read Replies (1) of 22640
 
Bob- Re: UBB Dollar borrowings

I recall reading very recently that UBB has $$ borrowings, hedged with $$ assets, leaving of course an unknown credit risk.

My sense of UBB is that they are careful in managing their business.

Tony
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