id	summary	reporter	owner	description	type	status	priority	milestone	component	version	severity	resolution	keywords	cc	fixed_in_version
5420	Operative Group Limited	Deborah90P	eskil	"capital notes wiki - [http://www.chddh.com/link.asp?url=http://www.ze-com.com/web/index.php/component/k2/author/35532 http://www.chddh.com/link.asp?url=http://www.ze-com.com/web/index.php/component/k2/author/35532]. A convertible note (which is one form of convertible interest) is a form of investment you may make in an organization or unit trust. A convertible note earns interest on the quantity you pay to get the note until the expiry date of the note. On expiry of the note, you can either convert the note to new shares or units or request the return of the money.

The Notes will be part of the on-going regulatory capital management programme for ANZ and for Australia and New Zealand Banking Group Limited (ANZBGL). FMA Warning: This investment is riskier than a bank deposit. These Notes are devices that are complex and mightn't be appropriate for all [http://Data.gov.uk/data/search?q=investors investors]. If all of your Notes are refunded, ANZ will pay you NZ$1 for each of those Notes and you'll have no additional rights in respect of them.

New Zealand Government stock - The most actively traded (and therefore the most liquid) bonds in the New Zealand market. The payment of the repayment of capital and the interest are ensured by the Government making it the most protected form of investment in New Zealand. Credit risk: The capacity for a total or partial loss of [http://search.Un.org/search?ie=utf8&site=un_org&output=xml_no_dtd&client=UN_Website_en&num=10&lr=lang_en&proxystylesheet=UN_Website_en&oe=utf8&q=capital&Submit=Go capital] and interest as a result of default by the borrower.[[iframe http://www.youtube.com/embed/ZklFBMnsEb4 height=""336"" width=""480""]]

You must consider whether ANZ Capital Notes are a suitable investment for you personally before filling out an application for ANZ Capital Notes. There are dangers related to an investment in ANZ Capital Notes as well as in ANZ, many of which are outside the constraint of its Directors and ANZ. Vital investment risks are explained in detail in Section 2.6 of the Investment Statement.

A capital note is a debt instrument issued by a borrower and registered to the name of the investor, having a fixed interest rate (coupon rate) and has a special 'election date'. Capital notes are generally unsecured subordinated debt ranking below senior debt, but ahead of average shareholders. Prior to the election date, investors are often offered new conditions for reinvestments, or the notes may convert generally at a small discount to the then market price. The issuer generally has got the choice to get the notes for cash."	task	new	minor	Version 1.0	Bookmarks	0.9.8.1	Must Have		private placement 360 capital notes capital notes investment capital notes explained		0.9.827