They aim to maintain a coupon 3.5% about US Treasury 5Y
Forever? Unless HSBC go out of business
Is it really that simple, that good?
Surely there's something my inexperience is missing?
Thanks for any views on this.
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Joewads wrote:Is it really that simple, that good?
jvbrad wrote:It's a subordinated contingent convertible (coco).
Lootman wrote:Is it callable at par?
Sounds a tad junky to me.
Forever? Unless HSBC go out of business
Is it really that simple, that good?
Lootman wrote:jvbrad wrote:It's a subordinated contingent convertible (coco).
That might just be the most impressively laconic first post by anyone on this site. Welcome to TLF.
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