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You are here: Corporations, Institutions and Government > Raising capital > Hybrids |
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Hybrids |
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About hybridsHybrid instruments cover a variety of securities that fall between pure debt and pure equity. The securities contain within them varying degrees of debt and equity features, depending on the needs of the issuer. Traditional securities in this genre include convertible bonds and preference shares. Recently, income securities, reset preference shares and exchangeables have been added to the list. Products
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Where we provide any advice on this website, it has been prepared without considering your objectives, financial situation or needs. Before acting on any advice on this website, you should consider its appropriateness to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. Past performance of any product described on this site is not a reliable indication of future performance. Other than Macquarie Bank Limited ABN 46 008 583 542 (MBL), any Macquarie Group entity noted on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). That entity's obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise. |
