Shaw and Partners has released a note to clients giving them a heads up on what they think should be an attractive 12 month play on Origin Notes. In recent months YieldReport has reported how the notes would be called on the first call date on 20 December 2016 and, subject to official notice from Origin Energy, the notes have just over one year to run. Shaw has made reference to the 30 September 2015 presentation made by Origin Energy on which the company’s slides included the redemption of the Notes in their debt assumptions. According to Shaw’s calculations, purchasing the Notes at $99.50 cum interest and with four other interest payments to follow in the next twelve months, the yield will be 7.91% before transaction costs. Shaw said, “With a little more than a year to run prior to the call date, we expect any weakness on the back of a weaker oil price to provide a buying opportunity.”