ST Alpha - "It's easy to repay 45 billion when you borrow 45 at 0.1%, buy US Treasuries, yielding 3%, hold them for a year, sell same treasuries back to Fed after" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 155

It's easy to repay 45 billion when you borrow 45 at 0.1%, buy US Treasuries, yielding 3%, hold them for a year, sell same treasuries back to Fed after

Posted by Loyola Dec 2 '09, 14:49

a year, kickback the 45 to Uncle Sam and pocket the interest, 1.3 odd billion.

Post a message top