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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or Sold Properties includes sold properties: five properties. The property portfolio of the Company consists of approximately 11 rental properties, encompassing 10 multi-unit residential properties, including the unsold condominium units at Lakewood Townhome.


TSXV:LRT.UN - Post by User

Comment by merriamon Dec 15, 2021 9:12pm
71 Views
Post# 34235217

RE:RE:RE:RE:RE:Debentures are paying full interest

RE:RE:RE:RE:RE:Debentures are paying full interestWho was your broker?  I sold some the other day, through Scotia, and they initially showed that my cash balance had increased by thousands, mostly interest, but on settlement date, they corrected it, removing the interest, and leaving me with hundreds instead of thousands.

Over the past few years, it has been trading on an interst flat basis instead of the usual accrued interest basis.  My experience is that most brokers do not understand this, and even their back offices stumble over it.  So mistakes are to be expected.

The only way to know for sure if the trading is now on an interest flat or accrued interest bases is to access the appropriate CDS bulletin.  Good luck.  You might get it, if you ask, through a full service broker.  Or you could subscribe yourself for aournd $1000:

https://www.cds.ca/bulletins-and-resources/bulletins/cds-advisory-bulletins

You could see my old post here for more details.
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