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Bank Of Canada Cuts Interest Rate!
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10-08-2008, 11:43 AM
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Wookie
Chick Magnet
Join Date: Oct 2001
Exp:
Well, we price our lending on the GOC Bond yields.
2 months ago, we were lending @ 1.70 over for 1 year 2.50 over for 5 year and 2.65 over for 10 year. Now we're @ 2.95/3.25/3.70
That's the spread that we want to lend.
Wookie
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