See MXUPA got another mention in FIIGs weekly newsletter that covered stepped up hybrids, with a yield of 10.8% off current price of $77 and with 90day BBSW up over 4.8%, could get better.
I still like them and they appear attractive to me up as their next income is payable at the end of this month and then quarterly, delivery of consistent income in these markets is certainly be welcome.
Also the potential to convert at some point in the future is just an added benefit.
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