CBA hybrid damages limited despite Austrac controversy

04 August 2017

 

CBA’s woes with Austrac over its failure to report over 50,000 suspicious transactions appears to have limited effect in the market for CBA’s ASX-listed hybrids. While trading margins on all CBA hybrids increased compared to a week ago, only CBA PERLS 6 (ASX code: CBAPC) margin increased by a larger-than-usual amount (+66bps) over the week. The PERLS 6 have just over 12 months to maturity and so changes in trading...

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