Six new Exchange Traded Bond Units (XTBs) have listed on the ASX! Our CEO Rick Klink gets the lowdown from Australian Corporate Bond Company CEO, Richard Murphy, on the latest products and how and why investors can add them to their portfolio.
This new release of XTBs includes senior bond coverage of three Qantas bonds, and one each from APA Group, Caltex, and Mirvac. The indicative yields of these new XTBs ranged between 2.83% and 4.98% on 03 Nov 2015.
Having launched in May 2015, this second tranche now takes the range of XTBs to 23, with a third and fourth tranche coming in the next few weeks. View XTB’s announcement here