SKIP vs SBSA
Posted: January 30th, 2023, 1:52 pm
Hi all,
I have noticed that the two Skipton building society PIBS have diverged recently.
SBSA yielding 6.97% (on a quote of 122p) and SKIP yielding 8.2% (on a quote of 157p). They seem to me to have a similar level of risk and over the past 2 years SBSA has closely tracked other PIBS and Prefs as capital values have ebbed and flowed. SKIP on the other hand seems to have flatlined over the last couple of months and looks to my novice eye to be a good 10% behind SBSA.
Does anyone have a view on why this could be?
Thanks
C
I have noticed that the two Skipton building society PIBS have diverged recently.
SBSA yielding 6.97% (on a quote of 122p) and SKIP yielding 8.2% (on a quote of 157p). They seem to me to have a similar level of risk and over the past 2 years SBSA has closely tracked other PIBS and Prefs as capital values have ebbed and flowed. SKIP on the other hand seems to have flatlined over the last couple of months and looks to my novice eye to be a good 10% behind SBSA.
Does anyone have a view on why this could be?
Thanks
C