8 October 2024: Wealth Product Ideas
Ticker and ISIN | LLOYDS 7 ½ PERP Corp (US539439AU36) |
Issuer | Lloyds Banking Group plc |
Country | United Kingdom |
Currency | USD |
Industry | Banking (BCLASS) |
Coupon rate | 7.5% |
Coupon frequency | Quarterly |
Maturity | PERPETUAL (PERPETUAL CALL 09/27/[email protected]) |
Ratings | Baa3 (Moody’s) / BB- (S&P) / BBB- (Fitch)/ BB+ (Composite) |
YTM | 7.217% |
Amount issued | 1,500,000,000 |
(Source: Bloomberg)
Ticker and ISIN | INTNED 7 ½ PERP Corp (XS2585240984) |
Issuer | ING Groep NV |
Country | Netherlands |
Currency | USD |
Industry | Banking (BCLASS) |
Coupon rate | 7.5% |
Coupon frequency | Semi-annual |
Maturity | PERPETUAL (PERPETUAL CALL 05/16/[email protected]) |
Ratings | Ba1 (Moody’s) / BBB (Fitch) / BBB- (Composite) |
YTM | 7.217% |
Amount issued | 1,000,000,000 |
(Source: Bloomberg)
