The interest rate for the next six months is set at the payment date (or the day before - I forget exactly). The rate is set at whatever the 6 month BBSW is on that day plus a margin of 2.1%.
This worked in our favour last time as BBSW had shot right up. The upcoming period is not looking as favourable.
(Although the lowering of BBSW is not all bad - it reduces the debt burden on AFG which means the notes are safer - basically less reward for less risk)
The interest rate for the next six months is set at the payment...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.66 |
Change
0.005(0.30%) |
Mkt cap ! $448.1M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.67 | $1.65 | $332.7K | 201.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3897 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 603 | 1 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| AFG (ASX) Chart |