now make an example of a title whose coupon is linked to inflation, in particular, this is calculated as the sum of inflation and a spread.
As mentioned in the post July 1 of this methodology is very taken by the banks (including the Austrian state has used this technique).
Here is an example that does not constitute solicitation of public savings, we take the five-year bond issued by HSBC, in the first three years the annual coupon is indexed to European (ex tobacco) + 1.75%, if inflation is zero or Only negative is 1.75%.
So for example if inflation is 1, 5%, the gross dividend will be paid 1.5 +1.75 = 3.25%.
As you can see compared to the method esaminato la volta scorsa, il calcolo è più facile, ma il capitale non si rivaluta automaticamente; in pratica bisognerebbe reinvestire ogni volta la cedola, per avere una migliore protezione dall’inflazione.
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