bnbg is very attractive, page-21

Hans, prospectus is misleading. On one hand, it states that if you don't like new rate at re-set date, you can request exchange but it then refers you to Appendix B, Cluase 4.1 which states you must waut till maturity; Very confusing. Will email company. In any event, does not change economics (equiv return still 55% at 38 price)