RBCT Media Release - Fixed interest rates are not beneficial for every bondholder
Fixed interest rates are not beneficial for every bondholder
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2010/07/19
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If, for whatever reason, it is important to bondholders to be able to budget ahead with complete accuracy, it could be a good idea to fix the interest rate on their bonds for a stipulated period - but for most of us this is not a wise step to take as it will almost certainly result in our paying anything up to 4% more than the market rate over the one to ten year periods for which fixed rates are usually granted.
This article was extracted from www.realestateweb.co.za
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Please note that this Newsletter is intended to provide general news and information of interest to readers and is not intended as legal advice or opinion, nor are the views expressed in any of the contents hereof necessarily views held or shared by the Directors and Staff of WB&I Inc.
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