VCT080.NZ - VCT 15/06/22 5.70% Vector Limited Bonds

These are capital bonds and so... they don't actually have to pay you back for 'kin ages. maybe never, not sure.
But! there is some liquidity on market and the reset every 5 years and they will consider buying them off you or selling them on your behalf at that time.
So if you are a true bond investor they could be useful.
Better yield than some other bonds and a pretty highly stable company.

But recently the've got cheaper (better yield) and I'm wondering if that's a part of the corona era or what?
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