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Bit hard to believe tho when the targeted cash rate is only 74 basis points below and its not officially published on their website.
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The rise of the 90 day bank bill rate.
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Correct. SANF is the prime objective for fixing. If rates drop then thats your tax deductible premium paid for SANF.
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The majority just dont 'get the purpose' behind locking in rates. :(
P.s ... its not about cash flow - that's just the surface effect.
