Are Macquarie Bank capital notes 3 a good investment?

Are Macquarie Bank capital notes 3 a good investment?

Macquarie Bank Capital Notes 3 may be suitable for investors looking for regular partially franked(3) income by way of floating rate distributions. Macquarie Bank Capital Notes 3 may offer investors the opportunity to further diversify their income portfolio.

Who is the share registry for Mqg?

LINK MARKET SERVICES LIMITED
Share registry

share registry name LINK MARKET SERVICES LIMITED
address LEVEL 12, 680 GEORGE STREET, SYDNEY, NSW, AUSTRALIA, 2000
Telephone 1300 554 474

What does Mqg stand for?

MQG

Acronym Definition
MQG Medium Quantity Generator
MQG Movement for Quality in Government (Israel)

What is BCN3 Macquarie Bank?

Macquarie Bank Capital Notes 3 (BCN3) are unsecured, subordinated notes issued by Macquarie Bank Limited. They are non-cumulative and mandatorily convertible. BCN3 are quoted on the Australian Securities Exchange (ASX) under the code ‘MBLPD’.

What are Westpac capital notes?

What were Westpac Capital Notes? Westpac Capital Notes were fully paid, non-cumulative, convertible, transferable, redeemable, subordinated, perpetual, unsecured notes issued by Westpac, which ranked in priority to Ordinary Shares in a Winding Up.

How much does Link Market Services Charge to sell shares?

We charge a fee of 0.66% (inc GST) of the sale value with a minimum of $66.00 (inc GST) to facilitate the sale of securities at the request of individuals. An additional fee of $35.00 (inc GST) is charged where individuals elect to receive sales proceeds by cheque.

What is Macquarie Capital note5?

Macquarie Group Capital Notes 5 (MCN5) are unsecured, subordinated notes issued by Macquarie Group Limited. They are non-cumulative and mandatorily convertible. The MCN5 are quoted on the Australian Securities Exchange (ASX) under the code ‘MQGPE’. The MCN5 were listed on the ASX on 17 March 2021.

What is BCN3?

BCN3 securities are perpetual, unsecured, convertible, non-cumulative and subordinated notes. This security has no fixed maturity date but is scheduled for mandatory conversion into MGL ordinary shares on 8 September 2031, or the next distribution payment date on which the exchange conditions are satisfied.