Will 'mums and dads' know they’re buying fish, not fowl?
Shoeshine agrees with the Reserve Bank's acting governor about the public's understanding of the risks in hybrid bonds.
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Shoeshine wouldn’t be at all surprised if SBS Bank’s 10-year capital bond sale gets swamped by “mums and dads” because it’s offering a juicy 6.75% interest rate fixed for the first five years.
SBS is looking to raise $75 million from selling these hybrid bonds by March next year and about $140
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Shoeshine
Mon, 09 Oct 2017
Mon, 09 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Will 'mums and dads' know they’re buying fish, not fowl?
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