Holding a number of blue chip bonds ... including CNU020 and IFT190. Noticed in the last couple of weeks the interest rates for bonds going up, presumably reflecting the markets concern that some of these companies might drop somewhat in their credit rating.
Interesting however to compare these rates ... the interest rates demanded for IFT190 (and other IFT bonds) basically went through the roof compared to other good corporate NZ bonds. Just wondering whether the market wants to tell us something?
yellow line: IFT190, blue line: CNU020
Attachment 11168
Is this just Wellington Airports - or do we need to take a bit better look at the other IFT investments as well?
Bookmarks