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  1. #1
    On the doghouse
    Join Date
    Jun 2004
    Location
    , , New Zealand.
    Posts
    9,268

    Default Turners (TNR) bonds

    Hi All. Long time sharemarket investor but very shy bond market investor here. In fact TNRHA, the soon to mature (30th September 2016) bonds have been my only bond investment for some years. I was skeptical two years ago when Dorchester issued these bonds, but the 9% coupon rate was enough to overcome by skepticisim! Now in effect the bonds are being reincarnated as TNRHB, but with a much lower 6.5% interest rate. Are they still the compelling investment that I believed the TNRHA bonds were two years ago? Let's see.

    SNOOPY
    Last edited by Snoopy; 19-09-2016 at 09:41 AM.
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

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