Interest Rates on the upward trend?

Quibit · 1 Interest Rates on the upward trend? Mon Jan 19, 2015 12:00 pm

Quibit

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7.5% p.a. Highest rate of interest for 1 year FD from SDB with maximum security. Visit nearest SDB branch or Call 011 2832577. Offer valid till 31st March 2015

Senior Citizen · 2 Re: Interest Rates on the upward trend? Mon Jan 19, 2015 8:38 pm

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Quibit wrote:7.5% p.a. Highest rate of interest for 1 year FD from SDB with maximum security. Visit nearest SDB branch or Call 011 2832577. Offer valid till 31st March 2015

Give me something better than that Quibit.
I mean something like 9.5 % or 10 would be more like it.

Soon the rates will sky rocket.
Finance companies who merged have also got into Long term commitments and are offering higher rates. Money market will be a bit tight and have impact on the free flow.

RPPA · 3 Re: Interest Rates on the upward trend? Mon Jan 19, 2015 9:03 pm

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Currently the money market is excess more than Rs.50Bn. Secondary market bond rates are falling.All the dealers are filled with money. If any one wants money can borrow @ 5.25 overnight. This is the lowest for fairly long time.

Currently money market is very strong.

But we have to wait & see to see what will happen in the next week and beyond.

To have a proper direction, the provisional budget is very important.What is crucial here is what are the sources of income & methodologies to provide the said price reductions. I personally don't like to see a petrol price reduction up to 100/-per liter. A price reduction of 20/- to 25/- per liter will be fine. Then the government is in a position to utilise the benefits coming from the reduction in prices in the world market to utilised for the additional tax reductions proposed.

Please note now the fuel prices has reduced by more than 50% in the word market.So technically petrol prices can be reduced to 81/- per liter keeping the taxes almost same as it is or maybe 80% to 90% of it.

Therefor we have to wait and see how the government is going to manage the above scenario on 29/01/2015. Very Happy

schemer · 4 Re: Interest Rates on the upward trend? Mon Jan 19, 2015 9:08 pm

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market boom boom with oil reduction.

Quibit · 5 Re: Interest Rates on the upward trend? Mon Jan 19, 2015 9:47 pm

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Previous Government reduced Oil prices through SMS. Why this government need a budget to do it.

san1985 · 6 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 1:34 am

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I am loosing my respect rapidly for Quibit by seeing his/her recent posts..!!

Was a very valuable and rational contributor sometime back

Quibit · 7 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 5:44 am

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I am impatiently waiting for government concession to boast the falling stock market. I am fast losing respect for the new government.

soileconomy · 8 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 6:55 am

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Quibit wrote:I am impatiently waiting for government concession to boast the falling stock market. I am fast losing respect for the new government.

Me too

san1985 · 9 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 7:46 am

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Quibit wrote:I am impatiently waiting for government concession to boast the falling stock market. I am fast losing respect for the new government.

I feel it is too early to loose faith or even have faith for that matter.

It is still at the infant stage.

I do not see any major bad personally. I think good times are ahead with sustainable growth.

Remember slow and steady will win the race. In a way this correction is good for the market.

Senior Citizen · 10 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 8:12 am

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san1985 wrote:I am loosing my respect rapidly for Quibit by seeing his/her recent posts..!!

Was a very valuable and rational contributor sometime back

Now she is a matured person.
After her marriage she has learned that agreeing with everybody and anybody serves no good. Her opinions are strong and statements cutting.

So that's what everyone is gonna be cognisant about. Basketball

Quibit · 11 Re: Interest Rates on the upward trend? Fri Jan 23, 2015 5:56 pm

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Hightest return for your hard earning money from softlogic finance plc(BBB- Ram Rating)
offering you

12.00%Maturity interest and

11.50% monthly intrest
For 60 years and above senior citizens

For more call chanaka on 0722 327 805

Senior Citizen · 12 Re: Interest Rates on the upward trend? Fri Jan 23, 2015 6:20 pm

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Quibit wrote:Hightest return for your hard earning money from softlogic finance plc(BBB- Ram Rating)
offering you

12.00%Maturity interest and

11.50% monthly intrest
For 60 years and above senior citizens

For more call chanaka on 0722 327 805

Thanks Quibit,

Although I am a senior citizen, I am not that old.
Shall make a note of this. there are other finance companies offering 12% for 5 years and 13% if they are SS class. Eg AMF

Quibit · 13 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 7:28 am

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Interest rate prediction going right. We should have 10% Deposit Rate and 15% Borrowing Rate with 5% Spread for Bank. Stock Market is likely to get adjusted to high interest rate distraction.

Spoon · 14 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 9:01 am

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Honestly, I opened up this post to see a discussion with regard to interest rates and their future movements.

I didn't think I'd see an advertisement for a bank.

Where do we draw the line? Is everyone allowed to advertise here now?

NZ BOY · 15 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 9:11 am

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[quote="Quibit"]Interest rate prediction going right. We should have 10% Deposit Rate and 15% Borrowing Rate with 5% Spread for Bank. Stock Market is likely to get adjusted to high interest rate distraction.[/quote]

Interest rate will keep this level before election

EquityChamp · 16 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 9:15 am

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Advertising is not required in this Forum so same applies to SDB as well . On the interest rate side currently the country is in a rounded bottom of the interest rate cycle. With the reduction of essential items and the availability of ample money supply the rate will remain at these levels at least till the end of next election. But I am not completely deny the possibility of turning back the curve in medium term.

NZ BOY · 17 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 9:19 am

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[quote="EquityChamp"]Advertising is not required in this Forum so same applies to SDB as well . On the interest rate side currently the country is in a rounded bottom of the interest rate cycle. With the reduction of essential items and the availability of ample money supply the rate will remain at these levels at least till the end of next election. But I am not completely deny the possibility of turning back the curve in medium term.[/quote]

Agree with you Equity Champ

Quibit · 18 Re: Interest Rates on the upward trend? Mon Feb 23, 2015 6:48 pm

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We hereby quote below rates for repo investments on 24th February 2015.

Overnight - 5.60%
1 - 2 Week - 5.70%
1 Month - 5.80%
3 Months - 5.90%
6 Months - 6.05%
1 Year - 6.20%

Note :
v Rates are negotiable
v Above rates would vary depending on market fluctuations.
v For settlements, please be good enough to transfer funds via Central Bank RTGS to swift code NWSLLKLX.

For further clarifications, please feel free to contact me on 0770 129 615.

Thanks & Regards,
Samila Imbulana
Senior Executive / Marketing
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Quibit · 19 Re: Interest Rates on the upward trend? Sat Mar 07, 2015 5:50 pm

Quibit

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I told this in January but Llot of members criticised me when I said interest rates will go up. See now what is happening now and what Reuters are saying.

Previous senior members tried to shoot the messenger, some members even when to the extent of setting up various mushroom forums to promote their ideas and stocks.
We stood firm and silent. Trust always wins! Expertise and experience is not gained overnight.

We thank all members together with the moderators who are assisting us to manage this forum.

My Belief is:
Depot Rates will go up to 10%p.a and Lending rates will go upto 15% p.a. Lot of investors would be happy to invest and earn 10%p.a instead of risking in their money. Therefore market will decline. So we have to be careful when picking shares in the current uncertain environment. High risk takers can take a chance. But I wouldn't

Vptilak · 20 Re: Interest Rates on the upward trend? Sat Mar 07, 2015 8:51 pm

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Quibit wrote:I told this in January but Llot of members criticised me when I said interest rates will go up. See now what is happening now and what Reuters are saying.

Previous senior members tried to shoot the messenger, some members even when to the extent of setting up various mushroom forums to promote their ideas and stocks.
We stood firm and silent. Trust always wins! Expertise and experience is not gained overnight.

We thank all members together with the moderators who are assisting us to manage this forum.

My Belief is:
Depot Rates will go up to 10%p.a and Lending rates will go upto 15% p.a. Lot of investors would be happy to invest and earn 10%p.a instead of risking in their money. Therefore market will decline. So we have to be careful when picking shares in the current uncertain environment. High risk takers can take a chance. But I wouldn't

However companies like CFVF would be benefited as they have already raised funding through debentures at lower rate. Isn't it?

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Interest Rates on the upward trend?

1 Interest Rates on the upward trend? Mon Jan 19, 2015 12:00 pm

Quibit

2 Re: Interest Rates on the upward trend? Mon Jan 19, 2015 8:38 pm

Senior Citizen

3 Re: Interest Rates on the upward trend? Mon Jan 19, 2015 9:03 pm

RPPA

4 Re: Interest Rates on the upward trend? Mon Jan 19, 2015 9:08 pm

schemer

5 Re: Interest Rates on the upward trend? Mon Jan 19, 2015 9:47 pm

Quibit

6 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 1:34 am

san1985

7 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 5:44 am

Quibit

8 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 6:55 am

soileconomy

9 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 7:46 am

san1985

10 Re: Interest Rates on the upward trend? Tue Jan 20, 2015 8:12 am

Senior Citizen

11 Re: Interest Rates on the upward trend? Fri Jan 23, 2015 5:56 pm

Quibit

12 Re: Interest Rates on the upward trend? Fri Jan 23, 2015 6:20 pm

Senior Citizen

13 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 7:28 am

Quibit

14 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 9:01 am

Spoon

15 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 9:11 am

NZ BOY

16 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 9:15 am

EquityChamp

17 Re: Interest Rates on the upward trend? Wed Feb 18, 2015 9:19 am

NZ BOY

18 Re: Interest Rates on the upward trend? Mon Feb 23, 2015 6:48 pm

Quibit

19 Re: Interest Rates on the upward trend? Sat Mar 07, 2015 5:50 pm

Quibit

20 Re: Interest Rates on the upward trend? Sat Mar 07, 2015 8:51 pm

Vptilak

21 Re: Interest Rates on the upward trend?

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