Q: Which would be better purpose high interest or coil thanks
5i Research Answer:
We are assuming coil is CBIL. We would be very comfortable with either CBIL or PSA. Neither is guaranteed, but CBIL only buys securities that are guaranteed. Thus, CBIL has a slightly lower indicated yield (3.23% vs 3.50%). But we would be very comfortable with PSA and would prefer it for the higher yield.