ANZ anz group holdings limited

help: advantages of pref shares, page-9

  1. 207 Posts.
    "As such, based on todays 90 day BBSW of (as an example) 7.2%, then the notes will pay for the first 90 term 9.7% fully franked - 13.85% grossed up."

    9.7% is the grossed up amount. Actual payment = 9.7% x 0.7

    A preference share is a share, it ranks below note (which is debt), but above ordinary shares.
 
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Last
$29.82
Change
-0.230(0.77%)
Mkt cap ! $88.96B
Open High Low Value Volume
$30.05 $30.16 $29.64 $110.7M 3.714M

Buyers (Bids)

No. Vol. Price($)
1 1000 $29.80
 

Sellers (Offers)

Price($) Vol. No.
$29.88 3455 1
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