Key take-out: The coupons are not franked, so the full, cash value is received up front. The coupons are also fixed, with 10.25% to 10.75% per annum being offered.
Key beneficiaries: General investors. Category: Income.
Danger, Will Robinson! Danger!
Among those of us who remember those words are the investors at which the latest retail note issue is aimed. And the warning is appropriate.