bullish

BNP Paribas

Bnp Paribas Fortis (BE0933899800) - Thursday, Aug 8, 2024

99 Views08 Nov 2024 06:20
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SUMMARY
  • Investing in FBAVP Perp (CASHES) at 92c with a coupon of E+2% (~5.5%) provides a base yield of 6%
  • Expected redemption at par in the near term could potentially offer a double-digit IRR
  • Non-compliance with bank capital regulations may lead to forced redemption, providing bondholders with a pull-to-par on top of the coupon

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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