The market is funny sometimes..BROOKFIELD BONDS B 8.79%3M12...

The market is funny sometimes..

BROOKFIELD BONDS B 8.79%3M12 (8.79%PA PAID 3M SEC.RED.BOND MAT.23-NOV-2012 is trading at $100.50

while


BROOKFIELD BONDS A 7.82%3M12 (7.82%PA PAID 3M SEC.RED.UNSUB BOND MAT.09-JUL-2012)

has a buyer at $102.

Bond bonds have a similar risk profile - probably the fact that interest payment on series A is earlier could be the reason of the higher price.

I hold series B from the IPO however I was not happy that they could only allocate half my requested allocation!

Brookfield debt is in the high demand! Looks positive for MXUPA