Started By
Message

re: What happens if China has to call in our

Posted on 2/23/20 at 9:52 pm to
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71412 posts
Posted on 2/23/20 at 9:52 pm to
quote:

The most China can do is resell the bond to someone else, possibly marginally nudging interest rates. And even on that front, they only hold like 5% of our debt; not enough to create any major movement. But there’s exactly 0 possibility that we’d have to pay the full outstanding balance of our loans tomorrow. You can rest easy.


Yep. And selling below market value would hurt them more than it would hurt us.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram