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#1
15-05-2007, 05:21 PM
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| Margin loans halved in price at HSBC??? I've just noticed on the HSBC that margin loans have gone from P + 2.25% down to P - 2.87%!!! That's a drop from 10% down to 4.88%, and means we can now borrow for stock purchases at effectively the same rate as a mortgage. Anyone care to comment on what on earth is going on?  |
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