Happy Monday; let's ruffle some feathers. The Good News: ➢ USD reserve is up to $3b with ~20 months of coverage ➢ Coverage is unlikely to decrease rapidly because the new guidelines state reserves can only be used for two things: 1) Paying dividends 2) Paying interest on outstanding debt 3) New
The company's USD reserve increased to $3 billion with 20 months of coverage, and new guidelines restrict reserve usage to dividends and interest, ensuring stable coverage.
Happy Monday; let's ruffle some feathers. The Good News: ➢ USD reserve is up to $3b with ~20 months of coverage ➢ Coverage is unlikely to decrease rapidly because the new guidelines state reserves can only be used for two things: 1) Paying dividends 2) Paying interest on outstanding debt 3) New
Happy Monday; let's ruffle some feathers. The Good News: ➢ USD reserve is up to $3b with ~20 months of coverage ➢ Coverage is unlikely to decrease rapidly because the new guidelines state reserves can only be used for two things: 1) Paying dividends 2) Paying interest on outstanding debt Also,