Chapter 495: Victory in Possession (For the Sun Never Sets┳Alliance Leader Plus +2)
At the same time, many people are also watching the change in interbank lending rates. Pen, fun, and www.biquge.info
JPMorgan's call rate rose from 0.7518%-0.7520% to 0.7519%-0.7522%.
Bank of America, Wells Fargo, and Chase have all started to raise their lending rates, and even occasionally widened the interest rate differential between lending and borrowing, which means that ...... They feel that the market is getting hotter.
Businesses lend money to banking institutions, banking institutions lend to each other, demand increases, interest rates push up, and everything seems to be natural.
When the interbank lending rate rose, the banking institutions looked up and said, "Oh, the Fed can borrow tens of billions of dollars to spend, so the Fed raised the interest rate and pushed up the federal funds rate.
0.7519%, 0.7520%, 0.7521%, the US federal funds rate suddenly came to a triple jump, which can allow the market to return to normal operation.
"Wiped out, our book losses have been wiped out!" Leo almost laughed, he believed in Lei Hao, but before the results came out, his trust was only idealism.
"It's really rising!" In one of Forest's offices, Yarman and Buller looked at each other.
They are all in the industry, and no one can fool anyone.
This situation is the bottom rally, the US federal funds rate has been falling, is it going to start to rise now?
“no! That's impossible! Why now, it's better to delay the issuance of loan applications for a few days! "Oasis Securities, wailing, a group of people were dumbfounded.
The forward interest rate agreement that was only made in the morning, and the 3 basis points that the opponent gave away for nothing, are now all gone?
What's even more terrifying is that if this causes a chain reaction, then ...... Isn't it a loss?
"Impossible, impossible, the rise in interest rates will soon discourage the need for funds, and they will wait a little longer!" Keith's face was full of unhappiness, he didn't care if he lost millions, but losing to Forest wasn't just about money.
"Now look at the attitudes of these big banks and those who need money." In Lei Hao's office, Leo seemed interested: "Pinching the money bag may make the needers of funds retreat, and it may also cause an imbalance between supply and demand." ”
"The demand that accumulated some time ago will explode at this time." Lei Hao looked at Leo and said, "Do you want to gamble?" ”
"Fools bet with you, I won't do it!" Leo subconsciously refused.
"I'm betting it's up more than 100 basis points." Lei Hao said.
“150!” Leo couldn't suppress the old gambler's soul, subconsciously bargained, and then added a little weakly: "I'm talking about the interest rate at the time of May 1st, thunder, three days, only three days." ”
"I accept." Lei Hao quickly agreed, and after making money, he would pit his subordinates, and the world would be really beautiful.
"I regret it, don't bet."
"What about 160?"
"Uh...... I quit gambling. Leo blinked, even though he was very excited, but he didn't want to fall into the pit, but said happily: "Ray, I won't bet with you, I'll go to Yarman's office to have a look." ”
Watching Leo walk out of the office, Lei Hao couldn't laugh or cry, he didn't expect that Leo was such a chicken thief, he actually set out the price line in his heart from this side, and then ran to play with others.
"It's going to go up again." Looking at the interest rates that have stopped rising, even if the future is there, but before the answer is revealed, Lei Hao is also starting to get nervous.
Converted into RMB, this is a figure of hundreds of millions, and it is more related to the question of whether Oasis Securities can be obtained.
Before lunch, Leo ran over again and said to Lei Hao in an atmospheric manner: "Lei, I'll bet you on a 150 basis point increase, golf club entertainment, beautiful girls can be picked, food can be eaten, luxury car transfer, come on." ”
"You...... Did arbitrage? Looking at Leo's "atmospheric" expression, thinking of the usual style of this guy, Lei Hao asked speechlessly.
"How is that possible? Am I like that? Leo is righteous, but in fact, he and Yarman bet on a 100 basis point increase, and the bet is the same, and he also pulled Lei Hao in, if he gets another 150 basis point increase in the contract, then no matter what the result is, he can eat and drink for nothing anyway.
That's technology arbitrage! Leo, who is a top student at Princeton and UCB, shamelessly uses his knowledge in this kind of place.
"Okay, I'll bet with you, but I'm going to take Yingfeng with me." Lei Hao said with a smile.
Win or lose, in fact, it is just a gathering of the company's top management, and Lei Hao certainly knows how to do it.
Moreover, judging from the content of this gambling contract, Lei Hao also noticed the change in the attitude of Yarman and others, from not believing to believing but not knowing how much to believe.
"Bühler, I have a feeling that I would lose my bet." In Yarman's office, looking at the dead interest rate, Yarman said to Bühler with a wry smile.
"Me too." Buhler smiled brightly, "Each basis point represents 300,000 US dollars, and if it's 100 basis points, that's 30 million, Yarman, do you know what that means?" ”
"It means that we may become the owner of Oasis Securities!" Yarman's eyes lit up, too.
"At the very least, swallow some of their departments!" Bühler said happily.
The two exchanged glances, and they couldn't help but feel excited.
Forest and Oasis are mortal rivals, they have been entangled with each other for so long and have not completely separated the winner or loser, if Lei Hao can swallow the opponent in less than a week after he has just been in the United States, this is simply ...... It's so ruthless.
"Leo still treats us as friends, and if he passes, let him pass." Both Yarman and Buller silently thought in their hearts that if they could win this time, they would be willing to forgive Leo for his previous failures and recklessness.
Yes, the so-called bet, it doesn't matter if you win or lose, but Leo has painstakingly established an occasion for his old colleagues to communicate privately with Lei Hao, if it is placed in other companies? He ignored it.
Forest is Leo's Waterloo, but it is also the place where Leo flies his dreams after all.
A few basis point gains, followed by a period of stagnation, everyone accepted the agreement, but is this a bottom shock or an upward rush? They weren't sure.
In the afternoon, interest rates were hovering, there was no upward trend, and there was no intention of falling steadily, but what outsiders did not know was that the loan approval applications received by banks were increasing, and momentum began to accumulate rapidly.
The next day, when the interbank rate was announced, almost everyone was shocked.
0.7563%, which is the US federal funds rate, was measured by 41 basis points after being received from banks for continued demand for borrowing.
On Thursday, the 27th, after rising from 0.7563% to 0.7571% during the day on Wednesday, the US federal funds rate opened at 0.7628%, a full 57 basis points, which fully reflected the market's demand for funds and detonated the market's thirst for funds.
0.7628%、0.7630%、0.7635%…… Throughout Thursday, all businesses in need of loans began to engage with banks, banks to consult each other, lack of funds, external capital injections, and the financial system to self-regulate itself when outsiders did not know it.
Interest rates have risen, and funds have poured in, leading to outflows from other markets, but this time the interest rate rise is caused by the demand for funds from enterprises, which proves that the economy is improving. No way!
The interest rate market is in a tight range outside the market and the outlook is favorable, but the interest rate market is in the spotlight.
On Friday the 28th, the U.S. federal funds rate reported a figure of 0.7681%, pushing up 46 basis points in one night, indicating that the demand for funds has not decreased.
From the negotiated rate of 0.7521%, to the US federal funds rate of 0.7681%, 160 basis points, and a book profit of $48 million, it only takes three days!
Everyone in Forest was stunned, and the insiders sighed, but Oasis Securities was in chaos, and the major shareholders vomited blood. (To be continued.) )