This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

CBA PERLS V - what is it?

i will, did you have the number by any chance. I'm reaching them at the moment through the very slow 13 15 19 Commsec number.
 
well good news I think. i've called Link Market Services on 1800 022 440 and they confirm I've been allotted my 340 units. But as I applied online I dont have this reference number starting with an I/X/C whatever so I cant confirm that they're in my account.

But all looking up from here
 
Re: CBA PERL V - what is it?

Yes you can but that probably won't happen. If anything the capital value ($200) will probably rise due to the fact of the healthy 3.4% interest rate spread on the product. All the other PERLS offers were much lower.

And rise it did, last traded at $206.40, well done to all PERLS V investors. Now just sit back and collect the divi's.

Got all the paperwork in the mail today too.
 
yes there was a stuffup.

LinkMarket Services has made my allotment issuer sponsored rather than broker sponsored. Because of this my shares are not showing up in my Comsec account, but I recieved a letter today confirming my shares.

Now to go through the annoying process of converting my issuer sponsored holdings to CHESS through Comsec.

Either way I'm very pleased I've got my PERLS.

How often are they paying dividends again? I'm hoping its quarterly
 
Either way I'm very pleased I've got my PERLS.

How often are they paying dividends again? I'm hoping its quarterly

Yes it is, I believe the payments will come through Feb, May, Aug and Nov, cheers.
 
anyone know what process they use to fix the date to determine the relevant BBSW rate, with respect to each div?
 
Section 1.4.5 of the prospectus says
From 1.4.2
 
I was wondering if anyone can tell approximately me how much per share, per quater we expect to receive in dividends. I only own 50 of them but I guess its better than nothing.
 
At the start of each payment period CBA will put out a release explaining the coupon payment and how they come to that figure. The prospectus discloses how that figure is calculated too. On the 15th of October they said "The first distribution will be $3.0657 per PERLS V security on 1st February 2010"

Please note the first payment is for more than 90 days.
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more...