autralian hybrid instruments...

KenChakahwata · March 31st, 2005, 2:22 pm

these are hybrid in the sense that they have a mixture of bond and equity features. i would like to study these instruments especially in relation to pricing the things. does anyone have any references that i could look at, which cover their reset and option elements. many thanks.Ken

gjlipman · March 31st, 2005, 8:12 pm

Your best bet would be to try and get hold of a broker's report on some of these hybrids - most of the brokers with big Australian presence (eg UBS, Goldman Sachs) will have such a report detailing the nuances of the different instruments, and how they price them. Also, you should be able to download the prospectus from the company website.

exotiq · March 31st, 2005, 8:30 pm

You could also try getting your hands on some termsheets. The MTN-i site also has tons of stuff on this, if you can sift through it...

KenChakahwata · April 1st, 2005, 8:47 am

glipman and exotiq: many thanks will try to trawl thru MTN-i and some of broker sites mentioned.CheersKen