Quarterly Income Debt Securities - QUIDS

外汇网2021-06-19 13:34:15 73

A debt instrument offering guaranteed quarterly payments directly to the shareholder by the parent company. Quarterly Income Debt Securities (QUIDS) were formed by 高盛 & Co. and are sold in small denominations, generally $25. They usually are callable by the issuer in 5 years and with maturities of around 30-50 years.

Taobiz explains Quarterly Income Debt Securities - QUIDS

Typically these are senior unsecured debt that rank above pferred securities and on the same level as other unsubordinated and unsecured debt. These securities were made to be similar to Trust Preferred Securities but excluding the trust.

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