This month AMP issued a new hybrid. AMP planned to raise $200m via an issue of Capital Notes 2 (ASX code: AMPPB) securities, which...
What is a bond?
Companies often need to raise external funds to grow. There are two ways they can do this:
Raise equity by issuing...
The Australian bank capital note market has long been favored by income investors and is worth around $30 billion. Recent issues mean it's worth...
Recent new issues by NAB, Macquarie, and Ampol might have you thinking about adding capital notes, sometimes called ‘hybrids’ to your portfolio. In this...