Self Funded Retiree
- Jan 4, 2008
I'm always on the lookout for new issues but this one from the CBA is really one of the lousiest in years and I won't be participating. The coupon at todays rates is around 6% gross. There are several other hybrids and bonds out there with much better margins. My opinion is that CBA is looking for cheap funding, good luck if they can get it.