August 20, 2013 10:15 Comments

Liquor Stores N.A. Subordinated debentures are added to the list above rated (lower) Buy at $104. Yielding 4.6% to maturity in April 2018, and fully taxable these are not too exciting but may be a reasonable choice for fixed income. I note that, for example, Bombardier pref shares have a higher yield, but they also have a higher interest rate risk as they are perpetual. I am not sure I will buy any of these, if I did I might enter an order at $100 and see if I get any. I may buy the common shares instead.

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