VituVingiSana wrote:Ericsson wrote:My 2 cents wrote:The demerits of printing money aside; the argument is that you get a higher and risk free yield from the government IFB bond as compared to the EABL commercial paper.
Probability of EABL defaulting in interest payments and principal repayments is zero
There is nothing for sure but death and taxes.
Probability is not zero, but highly unlikely that EABL will default, with backing of Diageo.. This is not ARM, Imperial..
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21