Brookfield Office Properties Inc T.BPO.PR.A

Reset Yields if rates goes to ZERO

[CrazyTrader]

At 0%, you still hitting 12% reset yields.  C,E,G,I are their minimum rates in effect.   Just Crazy.

Shares	Current Share Price		Effective Yield	Reset Yield at 0%
A	9.82		11.99	8.02
C	13		11.76	11.54
E	10.6		12.96	12.028
G	11.55		14.17	10.50
I	11.5		13.82	10.54
N	8.65		11.58	8.87
P	8.75		12.96	8.57
R	8.97		11.98	9.70
T	12.59		10.69	6.27

Could be wrong on my calculations

[DemDem]

For BPO.PR.T, it would be 6.76%.

[CrazyTrader]

Hi, DemDem.... my calculations are off??? inputs I used were: $12.59 for share price, 3.16% base rate.     I think yield comes to 6.27?   Let me know again if I'm wrong.   Thanks

[DemDem]

Base rate of 3.16% + 3.6% Canada 5 Year Government Bond = 6.76% :)

[CrazyTrader]

We are talking about 2 different things.   I'm talking about what the yield will be on current share price if 5 year went to ZERO.    If interest rates went to ZERO.   It will probably never go to zero, I was just giving example how CRAZY the yields are on the prefers. T's would yield 6.27% at $12.59 share price if 5yr rate was ZERO.    3.16% + 0% =