Q: If I purchase today @12.99 I would receive 0.9025(6.95%) what happens on recall 2022Sep01 Negative Spread (>=805of 5yr rate<=100%at least 0.29%)
Is reset ONLY 00.57%(0.0736) for next 5years Assuming in 2022 rate is same as today.
Thanks
Cec

Q: Would you buy bce.pr,a for safe income ?Phil

Q: Thank you for your answer to my first question. The GC 5yr rate in March 2018 was 2% and the pref. was set at 4.38%. Would you expect the 2023 reset rate to be similarly higher, since the minimum rate is "not less than 80% of 5yr GC yield", which suggests a very low minimum rate assuming rates are are still around 2 to 2.5% - the current GC rate is 2.25%?