Wonder how long the duration will be
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Wonder how long the duration will be
15/6/38, but expected repayment will be at the first call date of 15/6/28.
thanks....
If you have any of the IAGFB bonds and you want to roll them over into the new ones, the application form is live now. $30 million being reserved for current holders, so will possibly close today.
https://www.iagsubordinatednotes2022.co.nz/
Rate for the new IAGFC notes has been set at 5.32% until the first redemption/reset date in June 2028. Slightly higher than the IAGFB notes (5.15%).