Virgin Australia tapped it 8.50% November 2019 bonds a month ago, adding USD$100 million to the $300 million issued in November 2014. Now Citi’s credit analyst Anthony Ip thinks they are an attractive proposition for wholesale investors, as the bonds are the highest-yielding airline bonds available globally. At an implied yield of 8.2% Ip thinks a more appropriate yield for the sub-investment grade bonds should be around 7.2%. He said...
| Domestic Income Funds | Yield* | Assets |
|---|---|---|
| Coolabah Floating-Rate High Yield (Mngd)-Ast Inv | 9.19% | Alternative Fixed Income |
| Coolabah Short Term Income (Managed) | 5.42% | Alternative Fixed Income |
| Coolabah Short Term Income-Assisted | 5.82% | Alternative Fixed Income |
| Coolabah Short Term Income-Direct | 5.42% | Alternative Fixed Income |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| SocietyOne Personal Loans Trust | 6.87% | Private Creadit |
| Aura Core Income Fund | 7.88% | Private Credit |
| Aura Private Credit income Fund | 8.85% | Private Credit |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24