Hey, I just worked out. The positive swap on my auraud sells is just under twice the negative swap of the whole of the rest of the outstanding basket.
So, even if the markets never recover, then eventually I will be able to close out at breakeven.
Given the derisory rates of interest my money would attract on deposit here in the UK, a few more weeks would leave me holding a pleasant profit by comparison.
Anyone with a spare billion they could lend me?
So, even if the markets never recover, then eventually I will be able to close out at breakeven.
Given the derisory rates of interest my money would attract on deposit here in the UK, a few more weeks would leave me holding a pleasant profit by comparison.
Anyone with a spare billion they could lend me?