Research Note - Tesco Personal Finance 5.2% 2018

Category: Fixed Interest

08-07-2011

Please read our research note on the Tesco Personal Finance Plc 5.2% 24/08/18 bond.
This issue has a GRY of 4.53% and ticks all the right boxes for retail investors - a good name, a low minimum size (£100), a straightforward "vanilla” structure and a good yield (the GRY of the benchmark Treasury Gilt 5% 07/03/18 is just 2.57%). The bond also pays interest twice a year - in February and August.

Read Note