收到CBA的一个信关于CommBank Retail Bond Offer

12oz

我是菜鸟，请问这个是什么类型的投资，值得吗？帮忙扫扫盲，谢了！！！

Dear Sir / Madam,

CommBank Retail Bond Offer - Now Open

As a valued client of Commonwealth Securities ("CommSec"), I am pleased to present you with an exciting opportunity to invest in the Commonwealth Bank (the "Bank"), one of Australia's leading financial institutions and one of the world's safest banks.

The Bank is offering CommBank Retail Bonds that offer a quarterly cash return fixed at 1.05% pa higher than the applicable Bank Bill Rate1. CommSec has secured an allocation for CommSec clients who are Australian residents via the Broker Firm Offer. To apply for this Offer or to download a copy of the Offer Document, visit commsec.com.au.

Overview of CommBank Retail Bonds2:

•        Provides an opportunity to diversify your portfolio
•        Issued by Commonwealth Bank
•        Quoted on the ASX3- allows you to sell your CommBank Retail Bonds prior to maturity*
•        Pays a Floating Interest Rate quarterly
•        No brokerage when applying for this Offer

Key Features2:

CommBank
Retail Bonds        Interest bearing, unsubordinated4, unsecured bonds issued by the Bank
Floating
Interest Rate        Interest Rate will be paid quarterly and will be equal to the sum of the Bank Bill Rate1 plus a fixed margin of 1.05% pa
Face Value        $100 per CommBank Retail Bond
Term        5 years
Ranking        CommBank Retail Bonds rank ahead of all holders of Ordinary Shares and PERLS IV and V holders but behind creditors secured by law, and any secured creditors of the Bank
Quotation3        CommBank Retail Bonds are expected to be quoted under the code "CBAHA"*
Minimum
Application value        50 CommBank Retail Bonds ($5,000)
Applications for more than $5,000 must be in multiples of $1,000

Key Offer Dates5:

Offer Open        Thursday, 18 November 2010
Offer Close        Friday, 17 December 2010
First Interest Payment Date        Friday, 15 April 2011
Maturity Date        Friday, 24 December 2015
Apply Now:

Visit commsec.com.au for more information or to download a copy of the Offer Document.

If you have a CommSec Margin Lending Facility, you can use it to participate in this Offer. Please call 13 17 09 for assistance.

For more information about this offer please call our Customer Service team on 13 15 19 between 8am and 8pm (Sydney Time), Monday to Friday.

This offer has an expected close date of 17 December 2010 - however, CommSec reserves the right to close its Broker Firm Offer and request application monies earlier than this date.

Yours sincerely,

Devil_Star

RETAIL BOND. 还不如存ONLINE SAVING。