Why is the SPI200 trading at discount to the cash market?

[sifoo]

Hi guys,

I have noticed that the Aussie SPI200 is trading approx 25-29 points below cash. Can someone explain why this is?

Thanks

S

 

[GammaJammer]

duno - is it dividend season?

 

[Martinghoul]

Same ol' story... It's always about the carry and the carry, in this case, is about divs.