GREY:WFREF - Post by User
Post by
deismanon Feb 25, 2016 1:38am
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Post# 24592822
LRE Debentures "Interest flat"
LRE Debentures "Interest flat" I just picked up an additional $4k of the LRE debentures thinking I wouldn't have to pay accrued interest as per anouncement as follows ........."The Toronto Stock Exchange (the "TSX") has advised the Company that the Debentures, when they commence trading on January 26, 2016, will trade on an interest flat basis until further notice. The TSX has advised that it will not report accrued interest regarding any trades made on an interest flat basis to its participating organizations...... BUT TD Waterhouse dingged me the inteest. Not a whole lot of money but every penny counts. Am I mistaken in my understanding of "interest flat" or did TD Waterhouse screw up?