Which to me indicates that they may see interest rates falling after that time.
Who wants to pay 5.5%(guess) if you can pay 3.75% over the second half.
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Chris Lee guessing initial rate around 5.5%. Am hoping for a bit higher, but as mentioned above, I may not roll it over.
5.93% set for the first 4 years.
Only a couple of months (15th December) until the IFTHC bond rate gets reset for the following 12 months. Currently paying 4.19% (think it was 3.5% at the beginning) and with the reset being the swap rate + 2.5%, the interest for the next year could get a decent boost.
The IFTHA reset is in November. Currently 3.14%, now coming to reset with a 4.5% 1-year swap rate and a 1.5% margin, that looks set for about 6%. At the current price of $0.75, that's just on an 8% yield.
Nice,should've bought more when they were out of fashion in the mid-60s
Ha Ha me too