0% the new Y2K?

Admiral Huddy · 09-01-2009, 09:12

I have just been given an urgent project to test our banking software in the event of 0% rates. Remembering that dividing by zero can cause programs to fail if not checked before the calculation. Obviously, the bank feels that this could be a possibility and is paniking a bit as this must be completed by end of February.

In addition to this, I've also been asked to look at negative rates at the same time. I can't get my head round this one. If this were to happen, the banks would pay you interest for Mortgages and you pay interest on savings

Interesting times indeed.

09-01-2009, 09:12	#1
Admiral Huddy HOMO-Sapien Join Date: Jun 2006 Location: Chelmsford Posts: 6,692	0% the new Y2K? I have just been given an urgent project to test our banking software in the event of 0% rates. Remembering that dividing by zero can cause programs to fail if not checked before the calculation. Obviously, the bank feels that this could be a possibility and is paniking a bit as this must be completed by end of February. In addition to this, I've also been asked to look at negative rates at the same time. I can't get my head round this one. If this were to happen, the banks would pay you interest for Mortgages and you pay interest on savings Interesting times indeed. __________________ I just got lost in thought.. It was very unfamiliar territory. Techie Talk \| My gaming Blog \| PC spec \| The Admirals log

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