Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 3

[akis63]

Hello akis

all of the floating perpetuals linked to 10y IRS are suffering, I guess it's because no one has been called up to date and coupons are very low.

I still have a good share of my portfolio invested though (Bank Austria, Deutsche Postbank, Santander, Credit Agricole, etc.) because I think most of them are going to be called when they won't contribute to the capital of the issuer, no later than 2022.

Nice to hear from you, stil looking for good deals?

Hello dear Negusneg

Thank you for your kind and detailed reply.
No new deal for a long time.

Regards.

 

[NoWay]

Qualcuno segue i sub di CEMG (Caixa Economica Montepio Geral)?

 

[negusneg]

Eurofin_Scientific

Qualcuno ne ha in pf? ci sono 2 perpetue XS1224953882 e XS0881803646 dai rendimenti lordi attorno al 4.9%.

I conti da una rapida letta sembrerebbero in ordine.

Grazie
PS: caro Negus, queste 2 si potrebbero aggiungere alla lista xls. Una emessa 2013 ed un altra a nov 2015.

P. S. Io non ne ho in portafoglio

 

[Maxwhite]

@Negusneg

un'altra manciata di titoli non inclusi nella precedente lista:

CNP – 750m – FR0013066388 – 4,5% - 100k – 10.06.2047 – 10.06.2027 – Eur 3m + 4,60
OMV – 750m – XS1294342792 – 5,25% - 1k – perpetual – 09.12.2021 – Irs 5Y + 4,94
OMV – 750m – XS1294343337 – 6,25% - 1k – perpetual – 09.12.2025 – Irs 5Y + 5,41
National Grid – 1.250m – XS0903531795 – 4,25% - 100k – 18.06.2076 – 18.06.2020 – Irs 7Y + 2,88
Scor – 600m – FR0013067196 – 3% - 100k – 08.06.2046 – 08.06.2026 – Irs 10Y + 3,25
Solvay – 500m – XS1323897485 – 5,118% - 100k – perpetual – 02.06.2021 – Irs 5Y + 4,89
Solvay – 500m – XS1323897725 – 5,869% - 100k – perpetual – 03.06.2024 – Irs 5Y + 5,22

Nel tentativo di tenere il file sempre aggiornato, per il futuro posso postare ogni 3-4 mesi le nuove
emissioni con il limite, come già detto, che seguo solo corporate ed assicurative in € e non le banche.

 

[cumulate]

@Negusneg

un'altra manciata di titoli non inclusi nella precedente lista:

CNP – 750m – FR0013066388 – 4,5% - 100k – 10.06.2047 – 10.06.2027 – Eur 3m + 4,60
OMV – 750m – XS1294342792 – 5,25% - 1k – perpetual – 09.12.2021 – Irs 5Y + 4,94
OMV – 750m – XS1294343337 – 6,25% - 1k – perpetual – 09.12.2025 – Irs 5Y + 5,41
National Grid – 1.250m – XS0903531795 – 4,25% - 100k – 18.06.2076 – 18.06.2020 – Irs 7Y + 2,88
Scor – 600m – FR0013067196 – 3% - 100k – 08.06.2046 – 08.06.2026 – Irs 10Y + 3,25
Solvay – 500m – XS1323897485 – 5,118% - 100k – perpetual – 02.06.2021 – Irs 5Y + 4,89
Solvay – 500m – XS1323897725 – 5,869% - 100k – perpetual – 03.06.2024 – Irs 5Y + 5,22

Nel tentativo di tenere il file sempre aggiornato, per il futuro posso postare ogni 3-4 mesi le nuove
emissioni con il limite, come già detto, che seguo solo corporate ed assicurative in € e non le banche.

le due OMV rendono tanto
anche RWE.

 

[cumulate]

@Negusneg

un'altra manciata di titoli non inclusi nella precedente lista:

CNP – 750m – FR0013066388 – 4,5% - 100k – 10.06.2047 – 10.06.2027 – Eur 3m + 4,60
OMV – 750m – XS1294342792 – 5,25% - 1k – perpetual – 09.12.2021 – Irs 5Y + 4,94
OMV – 750m – XS1294343337 – 6,25% - 1k – perpetual – 09.12.2025 – Irs 5Y + 5,41
National Grid – 1.250m – XS0903531795 – 4,25% - 100k – 18.06.2076 – 18.06.2020 – Irs 7Y + 2,88
Scor – 600m – FR0013067196 – 3% - 100k – 08.06.2046 – 08.06.2026 – Irs 10Y + 3,25
Solvay – 500m – XS1323897485 – 5,118% - 100k – perpetual – 02.06.2021 – Irs 5Y + 4,89
Solvay – 500m – XS1323897725 – 5,869% - 100k – perpetual – 03.06.2024 – Irs 5Y + 5,22

Nel tentativo di tenere il file sempre aggiornato, per il futuro posso postare ogni 3-4 mesi le nuove
emissioni con il limite, come già detto, che seguo solo corporate ed assicurative in € e non le banche.

per la XS1294343337 su ariva.de ho letto del post call pari a 6,41 e non 5,41.
non so però se sia corretto il tuo o quello di ariva

 

[Rottweiler]

Agricole richiama:

 

[nuvola nera]

per la XS1294343337 su ariva.de ho letto del post call pari a 6,41 e non 5,41.
non so però se sia corretto il tuo o quello di ariva

Ciao , dal loro sito (OMV ) sembrerebbe giusto il 5,41 % ... spero di essere stato utile
Ad hoc announcement: OMV issues hybrid notes in two tranches in an aggregate amount of EUR 1.5 bn

THE INFORMATION CONTAINED IN THIS AD-HOC ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, IN OR INTO AUSTRALIA, CANADA OR JAPAN OR INTO ANY OTHER JURISDICTION INTO WHICH DISSEMINATION IS UNLAWFUL.

November 30, 2015 - 08:50 pm (CET)
Tranche 1: Volume: EUR 750,000,000; Issue price: 99.999%; Coupon: 5.250% until December 9, 2021, subsequent fixed reset coupon, after December 9, 2025 including step-up; first call right of OMV after six years
Tranche 2: Volume: EUR 750,000,000; Issue price: 99.999%; Coupon: 6.250% until December 9, 2025, subsequent fixed reset coupon including step-up; first call right of OMV after ten years
OMV Aktiengesellschaft issues hybrid notes (subordinated notes without maturity date) in an aggregate amount of EUR 1.5 bn, in two tranches of EUR 750 mn each.
The issue price of tranche 1 amounts to 99.999% and the issue price of tranche 2 to 99.999% as well.
The hybrid notes have no maturity date. Tranche 1 will bear a fixed interest coupon of 5.250% until but excluding December 9, 2021, which is the first call date of tranche 1, and tranche 2 will bear a fixed interest coupon of 6.250% until but excluding December 9, 2025, which is the first call date of tranche 2.
From December 9, 2021, until but excluding December 9, 2025, hybrid notes of tranche 1 will bear interest according to a fixed reset interest rate to be determined according to the relevant 5-year swap rate and an additional margin of 4.942% and, from December 9, 2025, with an additional step-up of 100 basis points.
From December 9, 2025, hybrid notes of tranche 2 will bear interest according to a fixed reset interest rate to be determined according to the relevant 5-year swap rate and an additional margin of 5.409%, with an additional step-up of 100 basis points.

 

[Maxwhite]

per la XS1294343337 su ariva.de ho letto del post call pari a 6,41 e non 5,41.
non so però se sia corretto il tuo o quello di ariva

Confermo post call Irs 5Y + 540,9 basis points

 

[drbs315]

Intanto sui mercati tedeschi vedo la Baca 4k8 aver sorpassato al ribasso Rzb e Nib tra le irs...