This last week has seen the launch of four new income offers: ANZ Subordinated Notes, Colonial Group Subordinated Notes, Tabcorp Subordinated Notes and Westpac Convertible Preference Shares (CPS). We have produced this overview in an attempt to provide some clarity for investors in making a comparison of the offers available.
The current focus on income
The recent flood of fixed income issues is a result of the ongoing market volatility and the increased cost of overseas funding. Falling