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Posted by
Two Blokes Jul 15 -
Filed in
Stock
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2 views
Constellation Software's debentures offer a 6.5% real yield plus inflation, far surpassing comparable A-rated bonds in Canada. The debentures are BBB-rated, backed by low leverage and strong credit metrics, providing solid downside protection. Despite trading at a 17% premium, the five-year call notice and robust yield make the risk-reward attractive for inflation-conscious investors.
