Hi Spamus, Last night when your reply came through, I was 'bothering' to do the maths when I went looking on the CBAPG prospectus to find the calcs. They provided.... "Distribution payable =Distribution Rate x Face Value x Number of daysin the Distribution Period / 365For example, if the Face Value was A$100 (based onthe Initial Face Value), the Market Rate was 1.92%per annum, the Margin was 3.40% per annum,the Australian corporate tax rate was 30% andthe Distribution Period was 90 days in length, theDistribution for the relevant Distribution Period wouldbe calculated as follows:5.32% x (1 - 30%) x A$100 x 90/365= A$0.9182 per PERLS X
