Here are some attractive interest rates—a way to maintain attractive income in the face of lower rates:
Please compare these to 30 year Treasury Securities which yield only 5.84%!
Certificates of Deposit, FDIC Insured*
LaSalle National Bank 8% to 1/30/99, resets to 6.50%. Final Maturity 1/30/18. APY=6.58%
Centura Bank 6%, callable in whole at 1/30/99 at 6%, semiannually thereafter, final maturity 1/30/05.
Preferred Shares
Texaco Capital LLC 6.875% MIPS (TXC pr A) |
24.75 |
6.94 |
8.3 |
10/31/98 |
25 |
Placer Dome 8.625% (PDG pr A) |
25.06 |
8.63 |
8.625 |
12/17/01 |
25 |
TCI Communication Financing 8.72% (TFI pr) |
25.81 |
8.45 |
8.26 |
1/31/01 |
25 |
National Westminster Bank 8.625% (NW pr C) |
26.88 |
8.00 |
8.2 |
4/09/02 |
26.50 |
For details on getting higher income, please call for an appointment or recommendations on specific issues.