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In defence of property bonds
Tuesday 9th of March 1999
Rate chasing is one of the hottest investment trends in town at present as interest rates continue to hover around historically low levels of between 4 per cent and 5 per cent.One of the key winners in this game has been property bonds that have been offered to investors with yields of, typically, more than 12 per cent.
The money raised by these offers is generally used to fund the propor...
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