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October 10 2019

CBA on a mission to raise cash (The Aust 10/10/19)

Hamilton Wealth News

Commonwealth Bank of Australia is tapping sophisticated and institutional investors for more than $750m as it seeks to capitalise on demand for yield in a ­record-low interest rate climate.

Hamilton Wealth managing partner Will Hamilton said investors needed to look at the tenure of the hybrid as well as the yield, and look out for capital notes that were offering better returns in the secondary market.

 

 

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