RBOHA - Rabobank Prefernce Shares

[Xerof]

For Rabo to be able to buy back, there is a board resolution required, stating the time period during which the buy back will occur, and the maximum amount they may buy. I have not seen this announced, so I don't believe it is them (at least directly)

I know a few people, closer to the action than me, think that they will elect to repay these in 2017, as the purpose for which they were issued becomes redundant under new rules take effect in 2013, i.e. they will no longer qualify as equity on their balance sheet. So IMO, these are being treated as 6 year bonds, not perpetuals. On that basis, its providing a good yield for a AAA rating - this might explain the shift in momentum and increased volume of late.

And for traderdude, I stick with my comments re Nan - they are still perpetuals until proven otherwise