Shares & Derivatives
Current Yield Preference shares/bonds in the market
By Don't anyhow  •  September 1, 2015
Thinking of buying sgs bonds? Here's just a simplified table of the 'yield to call' (assuming they get redeemed at their optional callable date at par) on the other corporate bonds, prefs that are available in the market currently   It's mostly useful if you have
  1. Holding power
  2. Just want to park cash somewhere until maturity
  3. Take on a bit more risk, and lock in your money at a higher rate and lower 'maturity' date than the sgs bonds
My own personal take
  1. We may probably see more last grasp attempts of more companies issue bonds before rate rises
  2. Which means yields on the current issuance may get more attractive.
  3. Case in point: Genting Perps dropped a whopping 8% since aspial launched its new bonds
  4. Even so its always good to pick up some of these to give yourself a peace of mind if you are able to hold to maturity
  5. ...
...
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By Don't anyhow
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