在加拿大
TD Bank announces preferred-share issue Mar 25, 2009 10:32 AM Comments on this story
(1) THE CANADIAN PRESSCanada's big banks are returning to the preferred-share market to increase their capital, aiming to bulk up their security and raise their capacity to make loans or acquisitions.Toronto-Dominion Bank has announced a new issue of up to $275 million of preferred shares. The TD preferred stock ? which counts as Tier 1 capital like common equity but provides a fixed return like a bond ? will pay 6.25 per cent for the first five years, then reset every five years at 4.33 per cent above the prevailing Government of Canada five-year bond yield.Wednesday's announcement followed a similar $275-million issue by TD Bank last month, and came a day after Royal Bank of Canada announced an issue of up to $400 million of preferred stock, also yielding 6.25 per cent for five years but resetting at 4.42 per cent above the five-year Canada bond.The Royal's new series followed two other RBC preferred issues which raised $625 million.Other recent bank preferred sales have included a $325-million issue from CIBC yielding 6.5 per cent, two issues totalling $600 million from Bank of Nova Scotia at 6.25 per cent, and a $275-million issue at 6.5 per cent from Bank of Montreal.The country's sixth-largest bank, National Bank of Canada, had to pay 6.6 per cent on a $145-million issue, and the HSBC Bank Canada unit of London-based HSBC on Monday announced an issue of up to $200 million of 6.6 per cent preferreds.评论
回复: Better than GIC rate, TD Bank announces preferred-share issueDo you dare to buy the preffered share with guaranteed 6.5% yearly yield for 5 years? Stock price of these banks will be further dropped? The yearly yield is attractive, but the stock price will be a risk. Dilemma....buy or not to buy
·加拿大新闻 “SweetWorld杯”掼蛋邀请赛在温哥华顺利落幕
·加拿大新闻 加国通胀抬头:房租上涨、菜价飙升生活更贵了
·加拿大新闻 卑诗城市就开发案与中国国企对簿公堂胜诉赢得618万元
·加拿大新闻 罢免VS复工令!教育部长陷倒台危机!教师誓言抵抗政府“复工
·加拿大新闻 渥太华出手惩罚两大车企,撤资代价惨重:免关税名额被砍!
·中文新闻 《Strictly》的尼基塔·库兹明 (Nikita Kuzmin) 被拍到亲吻名人搭档安
·中文新闻 SARAH VINE:克劳迪娅·温克曼 (Claudia Winkleman) 和我在 20 多岁的时候
