We offer a range of fixed income assets including capital notes, senior unsecured bonds and convertible bonds.
These securities:
- Usually pay fixed or floating interest payments (or ‘dividend payments’) over a defined period.
- Often contain rules that allow the issuer of the hybrid the right to buy the security within a defined period, as well as other features that may impact the payment of interest.
The most important aspect of hybrid securities is the credit/financial strength of the underlying issuer, and the ability of the issuer to meet its ongoing interest payments and capital repayments.
