Sign up for free newsletter

 

Gold bars

Credit Suisse declares May coupon payments on gold and silver covered call ETNs

Fri, 16/05/2014 - 16:01

Credit Suisse has declared monthly coupon payments of USD0.0939 for the Gold Shares Covered Call ETN (GLDI) and USD0.1328 for the Silver Shares Covered Call ETN (SLVO).

The respective coupon payments are payable on 27 May to holders of record on 21 May.
 
The ex-dividend date is 19 May.
 
The coupon payments represent a current yield of approximately 8.06 per cent per annum on the GLDI ETN and a current yield of approximately 10.55 per cent per annum on the SLVO ETN.
 
The "current yield" equals the current monthly coupon payment annualised and divided by the closing indicative value of the applicable ETN on 12 May 2014.


Subscribe to free daily newsletter
latestjobs
Lead C++ Software Engineer (Ultra-Low Latency)

Sat, 28 Mar 2015 00:00:00 GMT

Front Office Equity Derivatives Quant | NYC

Sat, 28 Mar 2015 00:00:00 GMT

Network Operations Engineer-Prop Trading Firm

Sat, 28 Mar 2015 00:00:00 GMT

events
1 day 17 hours from now - New York
1 week 17 hours from now - New Jersey
1 week 4 days from now - Zurich
2 weeks 17 hours from now - New York
2 weeks 17 hours from now - San Francisco
specialreports