Summary: Bank of Queensland to issue new hybrid security, BOQPG; expected to initially pay around 6.40% (annualised, including franking credits); likely issue margin 3.40%; 50bps above current median sector margin; first call date in December 2028; trading expected to begin on 15 November 2022. In recent years, when one of a company’s existing hybrids approaches its first call date (or first optional exchange date), speculation turns to the likelihood of...