IMF bond yield may fall further: E&P

25 August 2016

 

Fixed income broker Evans and Partners thinks the bonds issued by litigation funder IMF (ASX code IMFHA) might be worth a look. In a recent note to clients E&P pointed out the bonds were issued in 2014 at a 420bps margin to BBSW. “The trading history as below shows the margin widened in 2016 to well over 5% at times. This was a function of a falling share price over...

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