This summary was created by AI, based on 3 opinions in the last 12 months.
The experts agree that corporate bonds are currently expensive compared to government and provincial bonds, suggesting that owning government bonds may be more favorable. They also highlight the attractive yield of provincial bonds and the after-tax appeal of certain corporate bonds. Additionally, they caution against investing in long-term bank notes due to their complexity and risks, and advise thorough review of the prospectus before investing. Overall, the consensus is that government and provincial bonds offer more favorable yields and quality compared to corporate bonds.
These are really long-term securities of about 60 years, and they pay a big coupon. Complicated, not suited for the retail investor. Risks make the yield attractive, callable every few years. They'd be the most junior on the whole banking balance sheet.
If you do jump in, read the prospectus yourself very carefully, don't just take the word of your adviser.
Good to include in a ladder. After-tax appeal of about 2.5%, depending on your circumstances. Good quality. Solid.
Bonds - Corporate is a Canadian stock, trading under the symbol BOND-T on the Toronto Stock Exchange (BOND-CT). It is usually referred to as TSX:BOND or BOND-T
In the last year, 2 stock analysts published opinions about BOND-T. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bonds - Corporate.
Bonds - Corporate was recommended as a Top Pick by on . Read the latest stock experts ratings for Bonds - Corporate.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year 2 stock analysts on Stockchase covered Bonds - Corporate. The stock is worth watching.
On 2024-12-13, Bonds - Corporate (BOND-T) stock closed at a price of $19.28.
Right now, corporate bonds are very expensive compared to government bonds, the tightest spreads have been in years for both investment-grade and high yield. He'd favour owning government bonds. Provincial bonds yield more than the Government of Canada bonds do. Pretty attractive yield compared to corporates. 6 years and under is the sweet spot for the term.