Rate cuts and net financing cost

Can a policy-rate cut increase net financing costs when credit spreads widen?

This experiment lets you change financial assumptions and inspect the resulting calculation. The starting values are illustrative, and no live market feed is required. Compare an alternative, search a stated range for a failure condition, and inspect the assumptions behind the result. The calculation describes the selected model, rather than predicting markets or recommending a transaction. You can run this experiment without signing in and preserve a replayable receipt.

Run this experiment

Explore two assumptions together.

Starting assumptions.

Editable inputs and their units.
Floating debt10000000 USD
Cash earning interest4000000 USD
Initial policy rate4 %
Policy-rate change-1 %
Initial borrowing spread2 %
Change in borrowing spread1.5 %
Horizon365 days

What the result establishes.

The result is conditional on the input values, financial conventions and model version. Calculations are performed by the same Go engine in the browser and local service.

Explore the financial laboratory.

YieldGuard Ltd, company number 16914415, registered in England and Wales.