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Kapital Idea - Fixed Income
Trade Idea: Victoria over Continent!

Name: 15/07/2008. Kapital IG: Kapital Idea - Fixed Income Trade Idea: Victoria over Continent!
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

15/07/2008 | Kapital IG

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Trade Idea: Victoria over Continent!

We note that Victoria’s credit profile improved in 2007.

We assign Buy recommendation to Victoria’s bonds as they provide better returns compared to peers.

Importantly, Victoria’s both bond issues have short duration, boding well for investment risks.

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