Floating rate corporate bond units on ASX

12 November 2015

 

Everyone agrees that the corporate bond market needs to be more accessible to retail investors and the Australian Corporate Bond Company earlier this year launched its XTB product which aimed exactly to do that. XTB’s are units that can be bought and sold on the ASX offering investors returns from a single corporate bond. Previously many of these bonds were only available to wholesale clients investing directly and with $500k...

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