7 March 2023: Wealth Product Ideas
Ticker and ISIN | BACR 7 ¾ PERP Corp (US06738EBA29) |
Issuer | Barclays Plc |
Country | United Kingdom |
Currency | USD |
Industry | Banking (Bclass) |
Coupon rate | 7.750% |
Coupon frequency | Quarterly |
Maturity | Perpetual (Perpetual call 09/15/2023 @USD 100) |
Ratings | Ba2 (Moody’s) / B+ (S&P) / BBB- (Fitch) / BB (Composite) |
YTM | 9.137% |
Amount issued | 2,500,000,000 |
(Source: Bloomberg)
Ticker and ISIN | HSBC 6 ½ PERP Corp (US404280BP39) |
Issuer | HSBC Holdings PLC |
Country | United Kingdom |
Currency | USD |
Industry | Banking (Bclass) |
Coupon rate | 6.50% |
Coupon frequency | Semi-annual |
Maturity | Perpetual Call 03/23/28 @ 100 |
Ratings | Baa3 (Moody’s) / BBB (Fitch) / BBB- (Composite) |
YTM | 7.994% |
Amount issued | 1,800,000,000 |
(Source: Bloomberg)