Fraser commercial

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14 years 9 months ago #3052 by channel1212
Hello, would like to understand more on FCT series A CPPU. Wat is CPPU? Is it tradable? Wat to consider when subscribe CPPU? Many Thanks.

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14 years 9 months ago #3053 by erickwan
Replied by erickwan on topic Re:Fraser commercial
series A CPPU this is a perpetuate bond paying 5.5% semi annually,no mature day, only company can call back this bond ,bond holder had no right to ask for redemption,but can sell in the market based on market price !

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14 years 9 months ago #3057 by Pharoah88
Replied by Pharoah88 on topic Re:Fraser commercial
The only RISK is the Issuer DEFAULT RISK :laugh: The coupon rate at 5.5% is attractive compared to FD :laugh:

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