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Co-Op 11% (42TE)

Posted: January 12th, 2024, 2:09 pm
by sackofspuds
These 11% co-op bonds (42TE) which I'm sure many here are familiar with mature on 22/12/25:
https://www.londonstockexchange.com/sto ... mpany-page

I received my most recent annual interest on 20/12/23.

Are there, therefore, 2 interest payments remaining?

If so, the yield is about 7.7% I reckon. Not too shabby.

Re: Co-Op 11% (42TE)

Posted: January 12th, 2024, 4:15 pm
by Laughton
Hope so.

Quoted 106.75 earlier today but only for 1,500 so I make yield a bit less than that but, as you say, not bad.