commercial paper??????

U

UPGRADE2BLACK

Guest
can anyone give me any links or info on D.R. commercial paper?
 
B

Bolsen

Guest
Hello ,

forget about DR stock market. Its high risky and illiquide market. Trade US market , Europe market ... what do u want from the agricultural country with about 10 million peoples ...
Commersial papers here is usualy some bank debts papers and nothing more , volume is light (or below) ....

My advice stay away from this market

Bolsen
 
G

GringoCarlos

Guest
Commercial paper volume is light, but profitable, and will pay between 10 and 20%. Right now there is a LOT of dollars in the D.R., so interest rates are depressed, but the currency is stable right now, but with increasing borrowing by the government, this could change fast if they can't repay their obligations.. Good resource is to go on net , and look for a guy under "Ascot Advisors" who can probably tell you more specific info,- he lives here and deals with this.
 
C

Cisco

Guest
I delt with Ascot advisory and he helped me get a bank act. although now that i'M LIVING HERE I can say this guy charges alot for something you could do your self. You could get the same rate with more liquidity in a bank cd try
Banco Global in Santo Domingo.