ABN Amro 4.75% Perpetual (Euro)
This is a Euro bond trading below par. Borrowing cost in Euro is 1.00%.
Investors can borrow Euro at 1% and invest into the bond below for 4.85% yield. Hence earns the carry for 3.85%.
ABN Amro 4.75% Perpetual
Price: 99.20
Yield to call: 4.85%
Reset date: 22Sep2027
Coupon reset: Euro 5 years swap (0.3515) + 3.898%
Ccy: Euro
Moody's: Ba1
Fitch: BB+
Investors can borrow Euro at 1% and invest into the bond below for 4.85% yield. Hence earns the carry for 3.85%.
ABN Amro 4.75% Perpetual
Price: 99.20
Yield to call: 4.85%
Reset date: 22Sep2027
Coupon reset: Euro 5 years swap (0.3515) + 3.898%
Ccy: Euro
Moody's: Ba1
Fitch: BB+
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