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  1. #1
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    Default Bank interest rates on US dollars- cd of deposit

    If anyone knows what the current rates are please let me know

  2. #2
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    Kind of dought these people will help with any information sorry I don't know.

  3. #3
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    Quote Originally Posted by lovemedo View Post
    If anyone knows what the current rates are please let me know
    It will be so miniscule, that it is not even worth it. Better might be to buy a 10 YR. U.S. Treasury Note, if it gets back to around 3% or you could go longer-such as a 25 yr. AAA MSFT Bond, if it were to reach 5%.

  4. #4
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    Quote Originally Posted by jimmythegreek View Post
    It will be so miniscule, that it is not even worth it. Better might be to buy a 10 YR. U.S. Treasury Note, if it gets back to around 3% or you could go longer-such as a 25 yr. AAA MSFT Bond, if it were to reach 5%.
    OP was asking for Dominican bank rate, do you know what they pay or just playing armchair trader?
    IF OP does not want to hold a 25 year MSFT bond to maturity, and rates go up, cause they sure ain't going down, you realize he will lose principle?

    The new issue currently pays 2.724%.

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  6. #5
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    No insurance on your deposit here.
    Rate will not keep you ahead of the DR's inflation rate.
    CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC

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  8. #6
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    Quote Originally Posted by Tamborista View Post
    OP was asking for Dominican bank rate, do you know what they pay or just playing armchair trader?
    IF OP does not want to hold a 25 year MSFT bond to maturity, and rates go up, cause they sure ain't going down, you realize he will lose principle?

    The new issue currently pays 2.724%.
    People have been saying rates sure aren't going down for the last 30+ years-eventually it will happen, but probably this cycle isn't done yet.

    Buying a USD Certificate of Deposit in a Dominican bank that pays almost nothing is just a bad idea. At least with some notes or bonds, you will get some interest and possibly some capital gains, if interest rates continue lower.

  9. #7
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    The OP is better off in a laddered fund or creating a laddered portfolio to minimize adverse interest rate exposure on a 25 year issue.

    Interest rates are going down, on what planet?

  10. #8
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    Quote Originally Posted by Tamborista View Post

    The new issue currently pays 2.724%.

    October 2040 is paying 4.22%.

  11. #9
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    Bad idea but what do we know. Go ahead and invest but come back and tell us how it turned out. There is no free lunch here anymore.

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  13. #10
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    Quote Originally Posted by jimmythegreek View Post
    October 2040 is paying 4.22%.
    2040's pays 4.5% now actually.

    4.5 is a great yield, what do you do to hedge yourself?

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